Despite revenue growth of slightly more than $2.2 billion in 2002, publicly held retailers still struggled to gain respect on Wall Street. Stock prices for the public groups ranged anywhere from the low $30's to $50 in early 2002. By the end of the year, those stock prices were hovering at or below the low teens. "There seems to be a lot of interest in us, but we can't seem to get any traction," United Auto Group CEO Roger Penske said. "They (publicly owned retailers) trade as if ...
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