S&P 500 Losers: Urban Outfitters and 2 Retailer Stocks Top the List
The S&P 500 (NYSEARCA:SPY) is up today by 0.41% and stands at 1,257. Here are three notable and stocks that are experiencing declines today.
Sears Holding Corporation (NASDAQ:SHLD): Sears took a serious tumble at the beginning of trading. Any double-dip recession would be devastating for this retail giant. The shares recently traded at $69.32, down $2.93, or 4.06%. They have traded in a 52-week range of $51.14 to $94.79. Volume today was 632,423 shares versus a 3-month average volume of 594,273 shares. The company’s trailing earnings are $-1.49 per share.
Staples (NASDAQ:SPLS): The earnings report for Staples (NASDAQ:SPLS) came in this morning. EPS came in as expected, and revenues were $100 million short. The market took a very dim view of these results. The shares recently traded at $14.59, down $0.78, or 5.07%. They have traded in a 52-week range of $11.94 to $23.75. Volume today was 12,332,671 shares versus a 3-month average volume of 10,244,400 shares. The company’s trailing P/E is 11.18, while trailing earnings are $1.30 per share.
Urban Outfitters (NASDAQ:URBN): The stock was down 6% in pre-market trading, and fell hard at the beginning of the session. However, the stock has since rebounded, as many analysts see significant growth opportunities for the company. The shares recently traded at $27.14, up $0.31, or 1.16%. They have traded in a 52-week range of $21.47 to $39.26. Volume today was 6,721,545 shares versus a 3-month average volume of 4,485,490 shares. The company’s trailing P/E is 18.38, while trailing earnings are $1.48 per share.
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