Sears… Lampert or Lampoon? (SHLD)

Posted in General 
August 20th, 2009

Sears Holdings Corporation (NASDAQ: SHLD) is trading lower by almost 13% at $64.00 per share this morning. As of 8:51 AM EST we have seen over 445,000 shares trade hands after the retail giant posted a loss of $94 million, or -$0.79 EPS after items. Wall Street is no longer giving this one the “restructuring break” that has been the case for some time. Sears has a 52-week trading range of $26.80 to $108.75 and trades close to 1.4 million shares per day on average. -JON OGG

Comments are closed

-->