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Sears Stock (Nasdaq: SHLD) Plunges 16% This Week as Death Spiral Continues
A Credit Suisse analyst has called for Sears Holdings (Nasdaq: SHLD) to liquidate its assets, saying that recent events surrounding the struggling retailer have him singing "This is the end."
Sears stock fell 5.2 % Thursday, after falling 9.4% Tuesday and another 2.6% Wednesday on news that the company is borrowing $400 million from ESL Investments.
Despite CEO Edward Lampert's best efforts, Sears might not be salvageable…
A Credit Suisse analyst has called for Sears Holdings (Nasdaq: SHLD) to liquidate its assets, saying that recent events surrounding the struggling retailer have him singing "This is the end."
Sears stock fell 5.2 % Thursday, after falling 9.4% Tuesday and another 2.6% Wednesday on news that the company is borrowing $400 million from ESL Investments.
Despite CEO Edward Lampert's best efforts, Sears might not be salvageable…