Sport Supply Group, Inc.'s normal policy is not to comment on unusual market activity. However, the company said that it is not aware of any reason for Fridays higher than average trading volume and stock price decline.
Adam Blumenfeld, Chairman of the Board and Chief Executive Officer stated, “We don't typically comment on unusual market activity, industry speculation or rumors. However, in light of recent trading activity in our stock, we felt it was important to communicate that we are not aware of any material, undisclosed information or corporate development that would contribute to Fridays decline or unusually high trading volume. We remain committed to our operating plan and pleased with our progress.”
