Rent-A-Center (RCII) Stock Plummets After Cutting Guidance
b'Rent-A-Center (RCII) is a furniture and electronic rent-to-own company with locations in the U.S. and Mexico. The RCII stock price today fell over 21% after the company cut third quarter guidance amid macro headwinds. "Rent-A-Center is tied in with the interest rate sensitive retail sector. Inflation has eroded the consumer," says George Tsilis. Does the RCII valuation look compelling or will growth be a challenge?'