S&P 500 Losers: Sears Holdings and 2 Stocks Investors are Selling Now
The S&P 500 (NYSEARCA:SPY) is up today by 0.16% and stands at 1,267. Here are three stocks taking punishment.
Following news that it will be closing approximately 100 stores due to continuing sales slumps, Sears Holding Corp.’s (NASDAQ:SHLD) shares got slammed down to $11.51, or 25.1%. They have traded in a 52-week range of $43.99 to $94.79. Volume today was 6,380,450 shares versus a 3-month average volume of 773,616 shares. The company’s trailing earnings are $-3.38 per share.
Shares of Computer Sciences Corp. (NYSE:CSC) also fell, after the IT provider released news of potentially having to write down a $1.5 billion investment in a deal with the National Health Service of the U.K. CSC shares recently traded at $24.21, down $2.27, or 8.57%. They have traded in a 52-week range of $22.80 to $56.61. Volume today was 1,630,626 shares versus a 3-month average volume of 2,271,240 shares.
Finally, shares of Whirlpool Corp. (NYSE:WHR) are also down following Sidoti & Company LLC’s lowering of the company from buy to neutral. WHR shares recently traded at $47.06, down $4.13, or 8.07%. They have traded in a 52-week range of $45.22 to $92.28. Volume today was 2,612,127 shares versus a 3-month average volume of 1,901,750 shares. The company’s trailing P/E is 10.35, while trailing earnings are $4.55 per share.
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