Sears Holdings (SHLD) Sees Upside On Questionable Rumor
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Shares of beaten-up retailer Sears Holdings (Nasdaq: SHLD) are flying higher Tuesday and there is some vague speculation that the company is the target of a private equity bid.
More insider buying from Chairman/Hedge Fund manager Eddie Lampart could also be contributing to today's upside. Also, short covering.
Today's takeover rumors almost seem laughable. Nonetheless, the stock last traded up 14 percent to $38.27.
More insider buying from Chairman/Hedge Fund manager Eddie Lampart could also be contributing to today's upside. Also, short covering.
Today's takeover rumors almost seem laughable. Nonetheless, the stock last traded up 14 percent to $38.27.
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