Sears Holding Shares Crushed in After Hours Huge Short – YouTube
http://www.StockMarketFunding.com Sears Holding Shares Crushed in After Hours Huge Short (SHLD). Learn how to trade in after hours through this live stock trading video on shares of SHLD. Sears shares fell in extended trading after the retailer reported a sales drop and forecast a major loss.
The struggling retailer says that it expects an adjusted loss between $213 million and $316 million, or $2.01 to $2.98 per share, for its fourth quarter. For the year, it sees an adjusted loss between $811 million and $914 million, or $7.64 to $8.61 per share.
The owner of the Kmart and Sears chains also says that its revenue from stores open at least a year fell 7.4 percent for the quarter to date in the U.S. and 4.4 percent for Sears Canada. This is a key measure as it strips away the impact of recently opened or closed stores. Sears Holding Corp. shares fell 13 percent after hours to $36.98.
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Sears Holding Shares Crushed in After Hours Huge Short – YouTube
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