After Lehman Brothers, there were many companies that filed bankrupt along with the falling economy.
There are companies which are not as popular and there are some which have rocked in their industry and the world during good times. One of those great companies was Circuit City.
Circuit City, a legend in retailing sector of Computers and software, has filed its bankrupt this November. I would have been surprised if it had happened before bankrupt of the mighty Lehman Brothers. But if you see, though the Circuit City is not comparable with Lehman Brother’s size, it was a gem of the industry; with over 850 retail and dealer outlets in Canada and over 670 Super stores spread all around USA.
But its good days were over. But it fought bravely until its share price in Stock Market fell below $1 mark. What were shares of Circuit City? They were even worse than outdated newspaper.
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