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The Economic Times

Anupam Nagar

US Stock Market: Build-A-Bear shares plunge after retailer cuts revenue outlook, fires growth chief

BuildABear Walmart

Shares of Build-A-Bear Workshop plunged 27.3% on Thursday, marking their biggest one-day percentage decline on record after the customized stuffed-animal retailer cut its revenue outlook for the second time this year and terminated its chief growth officer, according to a report by Reuters.

The stock closed at $28.44 after falling to its lowest level in about two years. Including Thursday’s decline, Build-A-Bear shares have lost about 54% so far this year.

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