Why Sears Holding Corp Stock Popped Today

Shares of Sears Holding Corp (NASDAQ: SHLD) were gaining today after CEO Eddie Lampert called for a breakup of the company and offered to buy the Kenmore appliance brand. Investors had anticipated such a split as a possibility for extracting value from company, and the news sent shares up 5.5% as of 2:56 p.m.

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