Container Store Group Inc TCS shares are trading lower by $1.32 at $9.78 in Friday's session. The issue is plunging to a new all-time low ($8.55) after being downgraded by Bank of America from Buy to Underperform.
After a lower open, it popped only $0.07 to $9.47 before swooning to $8.55, which is a new all-time low by $1.20. Interestingly, the former low was made in Tuesday's session at $9.70.
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