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Analysis: Wall Street bets against Verso
2015-08-25 03:55:17| Paper - Topix.net
Verso Corp.'s stock price has fallen to 25 cents per share from $3.43 at the end of December, a fall so steep it's like an obituary for the Memphis papermaker. In an era when catalogues and magazines are moving online, Verso lives on a lifeline from its lenders after losing nearly $700 million over the last five years.
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