BUZZ - Pool retailer Leslie's shares plunge after filing for Chapter 11 bankruptcy protection

September 30 - ** The share price of swimming pool supplies retailer Leslie's LESL.O fell by 18% to $0.18.

** Due to continued weak sales and widening losses, the company has filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code (link).

** The company has closed 76 stores and expects to complete its bankruptcy restructuring in early 2027.

** Including intraday volatility, the stock has fallen a cumulative 88.9% so far this year, while the Nasdaq index is up 16.4% over the same period .IXIC.

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