Once High-flying Teen Apparel Retailer Now Trades For Under $1 A Share

NEW YORK ( TheStreet) -- Shares of former high-flying teen apparel retailer Aeropostale have fallen below the $1 mark as the company clings on for dear life in a fiercely competitive industry. Thursday evening, Aeropostale reported an adjusted loss per share of 56 cents, missing analyst estimates for a loss of 55 cents a share.

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