Why Shares Of Sears Holdings Slumped Today

Shares of troubled retailer Sears Holdings (NASDAQ: SHLD) tumbled on Tuesday as investors continued to digest the company's recent update. On Friday, Sears disclosed abysmal comparable sales figures for the first quarter, along with an update on its restructuring program and plans to sell additional real estate. The stock was down about 9.5% at 3 p.m.

Topics:  nasdaq   shld    kmart   craftsman   sears   holdings   shares   update   real   estate   sales   quarter   
BING NEWS:
  • Direxion Daily FTSE China Bear 3X Shares
    Financial Square Treasury Instruments Fund FST Shares FTIXX 45.78% ...
    03/25/2024 - 8:01 pm | View Link
  • Samsonite dual-listing plan prompts 12% slump in shares
    Indeed, the shares slumped as much as 12% after the news. By midday, they were down close to 9% at HK$27.95, compared with a 3% decline in the Hang Seng Index (.HSI), opens new tab, LSEG data showed.
    03/21/2024 - 1:00 pm | View Link
  • Brainchip Holdings Ltd (ASX: BRN)
    What is the current share price of Brainchip Holdings Ltd (BRN)? Brainchip Holdings Ltd's (BRN) current share price is $0.33. This constitutes a price movement of 5.71% when compared to the share ...
    03/21/2024 - 1:00 pm | View Link
  • Tech Shares Likely To Boost Taiwan Stock Market
    while a firm dollar also weighed on oil prices. West Texas Intermediate Crude oil futures for April slumped $1.79 or 2.1 percent at $81.68 a barrel.
    03/20/2024 - 1:39 pm | View Link
  • Kering shares slump as Gucci's steep sales decline throws spotlight on China
    PARIS, March 20 (Reuters) - Kering's (PRTP.PA), opens new tab shares slumped on Wednesday and are set for their worst day on record after the French luxury goods company warned that first quarter ...
    03/20/2024 - 12:50 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News