Replies to post #1119 on Sears Holdings Corp. (fka SHLDQ)

[bar1080]

"Why Sears Holdings Hopped 15% on Friday"

"What happened

Shares of Sears Holdings Corporation (NASDAQ:SHLD) are up 14.6% as of 11 a.m. Friday.

So what

Sears stock jumped nearly 7% yesterday after reporting fiscal Q4 and full year earnings that were simply abysmal. True, Sears' per-share losses were less than expected, and its revenues were a bit better than expected, but the news was still pretty bad.

Quarterly revenues of $6.1 billion were down 16% from the year-ago quarter, while per-share "earnings" were actually a loss -- $5.67 per share (or more than half the stock's own price). That's as compared to a per share loss of "only" $5.44 in Q4 of 2015.

If Sears stock can react like that -- up 7% -- to numbers this bad, maybe there's nothing that can hold this stock back? Maybe all the bad news is baked into the stock already?

https://www.fool.com/investing/2017/03/10/why-sears-holdings-hopped-15-on-friday.aspx