The Traderszone Network

Published in TZ Latest News 9 July, 2017 by The TZ Newswire Staff

Why Did Office Depot, Inc. Shares Gain 25% in the First Half of 2017?

Office Depot (NASDAQ: ODP) has made progress in its mission to recast its business to be competitive in the internet era.

The company still has a long way to go, and its sales sank over the first six months of the calendar year. Despite that, investors seem happy with new CEO Gerry Smith and the fact that the company may be shrinking, but its profitability trend has moved in the right direction.

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