After hitting its high of $28.75 on Jan. 8, 1997 on the New York Stock Exchange, ARS - one of the largest consolidators in our industry - slid into a funk that has carried it to near oblivion. The company announced a fourth quarter loss in 1997 that helped fuel the tailspin.
“It’s not an indication of our financial stability,” said Jennifer Tweeton, an ARS spokesperson. “Financially we’re doing fine. We’re still strong.”