The Traderszone Network

Published in TZ Latest News 19 July, 2017 by The TZ Newswire Staff

Why Staples Stock Is Up 11% So Far This Year

Shares of office supply retailer Staples (NASDAQ: SPLS) have surged 11.6% year to date, according to data provided by S&P Global Market Intelligence. The big news driving the gain came on June 28, when Staples agreed to be acquired for $10.25 per share. Staples’ 28-year run as a public company will come to an end when that deal closes later this year.

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