Silly Stock Move of the Day: RadioShack (RSH)
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Price: $77.99 +0.98%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.3%
Revenue Growth %: +0.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.3%
Revenue Growth %: +0.8%
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According to reports out earlier, Best Buy (NYSE: BBY) is looking to have its stores be more Apple-like: there's a "Genius Bar" area for Q&A, easier color scheme, ability to purchase things from locations within the store, and more. That's all well and good (and speaks volumes about how Apple (Nasdaq: AAPL) store layout is pure magic).
So, why is RadioShack finishing the session about 4 percent?
Wouldn't a more shopper-friendly setup from Best Buy attract shoppers from RadioShack?
Maybe it's the opposite: customers will feel like they will be pressured to buy something while in Best Buy, avoiding the stop altogether.
At the end of the trading day, Best Buy ended up a smidgen lower, off about 0.05 percent.
So, why is RadioShack finishing the session about 4 percent?
Wouldn't a more shopper-friendly setup from Best Buy attract shoppers from RadioShack?
Maybe it's the opposite: customers will feel like they will be pressured to buy something while in Best Buy, avoiding the stop altogether.
At the end of the trading day, Best Buy ended up a smidgen lower, off about 0.05 percent.
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