Stocks of Debt Buyers Surge as Investors Scramble to Reduce their Losses

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Stocks of Debt Buyers Surge as Investors Scramble to Reduce their Losses

While the broader stock market enjoyed a good day Monday, the publicly traded companies in the accounts receivable management industry saw their stock prices spike sharply, with two enjoying a double-digit percentage rise. Four of the public ARM companies – Asset Acceptance, Asta Funding, Encore Capital Group, and Portfolio Recovery Associates – were up at least twice as high
 
Topic: Debt Purchasing