The Traderszone Network

Published in TZ Latest News 13 February, 2017 by The TZ Newswire Staff

Sears Holdings Stock Soared 26% on Friday, but the Company Is Still Doomed

Shares of beleaguered Sears Holdings (NASDAQ: SHLD) skyrocketed on Friday, after the company revealed its latest turnaround initiatives. Sears’ plans to cut costs and sell off various assets to raise cash have made investors slightly more hopeful about the company’s turnaround prospects.

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