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Why Rent-A-Center Stock Plunged Today

Why Rent-A-Center Stock Plunged Today

Shares of Rent-A-Center (NASDAQ: RCII) fell sharply today after the rent-to-own retailer posted a solid third-quarter earnings report, but lowered its full-year guidance. Rent-A-Center's revenue jumped 65.9% to $1.18 billion, matching estimates.