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Why Sears Stock Is Crashing
For a long time now, Sears Holdings (SHLD) has faced*mounting threats but has managed to hang on somehow.*A myriad of factors including the arrival of Amazon (AMZN) and self-harming managerial decisions have reduced the former retail behemoth to a*shadow of its former self. To reverse fortunes, the company has undertaken many initiatives, which include cost cuts and debt financing. Sears stock price has fallen over 34.4% YTD (year-to-date) as of February 2, 2018, compared with a 3.3% gain in the S&P 500.
http://finance.yahoo.com/r/d7cea88c...ce=yahoo&utm_medium=feed&yptr=yahoo&.tsrc=rss
For a long time now, Sears Holdings (SHLD) has faced*mounting threats but has managed to hang on somehow.*A myriad of factors including the arrival of Amazon (AMZN) and self-harming managerial decisions have reduced the former retail behemoth to a*shadow of its former self. To reverse fortunes, the company has undertaken many initiatives, which include cost cuts and debt financing. Sears stock price has fallen over 34.4% YTD (year-to-date) as of February 2, 2018, compared with a 3.3% gain in the S&P 500.
http://finance.yahoo.com/r/d7cea88c...ce=yahoo&utm_medium=feed&yptr=yahoo&.tsrc=rss
