UPDATE: RadioShack (RSH) Taken Lower in Afternoon Trading
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(Updated - July 11, 2013 2:11 PM EDT)
(Updated - July 11, 2013 1:52 PM EDT)
RadioShack Corp. (NYSE: RSH) declined in afternoon trading on Thursday. The stock remains a target of short sellers, with 35 million shares held short at last check, or about 36% of the float.
Update: RadioShack stock continues to decline. The company may be looking to hire bankers to help fix its balance sheet, according to reports in Debtwire. Interestingly, firms with capital markets capabilities and restructuring experience are said to be among the firms RadioShack is talking with. The report cites 2 people familiar.
(Updated - July 11, 2013 1:52 PM EDT)
RadioShack Corp. (NYSE: RSH) declined in afternoon trading on Thursday. The stock remains a target of short sellers, with 35 million shares held short at last check, or about 36% of the float.
Update: RadioShack stock continues to decline. The company may be looking to hire bankers to help fix its balance sheet, according to reports in Debtwire. Interestingly, firms with capital markets capabilities and restructuring experience are said to be among the firms RadioShack is talking with. The report cites 2 people familiar.
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