Citi Trends’ Stock Price Already Discounts Most Future Positive Developments (NASDAQ:CTRN)
Bennett Raglin Citi Trends (NASDAQ:CTRN) is an American retailer specializing in apparel and accessories in physical stores in low-income neighborhoods. The company received a windfall when pandemic stimulus money hit its core demographic strongly, and it became a meme stock for a while. After the pandemic, the reverse occurred. The company’s low-income demographic is suffering…