Stage Stores (SSI) Tumbles on Holiday Sales

Stage Stores Inc. (NYSE: SSI) shares fell 17.9% to $3.29, as the company reported a drop in its holiday season same-store sales and lowered its earnings guidance. The retailer’s same-store sales dropped 7.3% for the nine-week period ending December 31, 2016. Share volume was 2.1 million, towering over an all-day average of 651,000