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Taking Stock: Cumulus stock is down 24% today following a judge's rejection of a recent debt refinance plan. U.S. District Judge Katherine Polk Failla rejected Cumulus' proposal to rework $2.4 bilion of its debt, which was opposed by some lenders. The company recently filed suit accusing JPMorgan Chase of withholding consent to parts of the plan (CAT 12/13). Cumulus stock closed today (2/24) at $0.76 with a market cap of $22.2 million.

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