Investors Cash Out of Cache

Shares of the women's apparel retailer slumped Tuesday after it lowered its earnings outlook

Cache (CACH) fell out of fashion with investors June 5 after the New York-based chain of women's evening dresses and other apparel lowered its outlook for the second quarter and the year. The retailer's shares skidded 12.2% to $14.26 -- a new 52-week low-- in heavy volume on the Nasdaq.

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