Why Francesca's Stock Is Trading Lower Today

Francesca's Holdings FRAN shares are trading lower on continued weakness after the company last week filed for Chapter 11 to implement a sale process.

Francesca's Holdings Corp through its subsidiaries operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women.

Francesca's Holdings shares were trading down 18.15% at $2.30 at the time of publication. The stock has a 52-week high of $19.91 and a 52-week low of $1.70.

Photo credit: Phillip Pessar, Flickr