« Hillwood in Fort Worth hires market veteran to run apartment division | Main | Dallas-Fort Worth home prices drop in November along with other major U.S. cities, S&P/Cash Shiller says »

01/31/2012

RadioShack shares down sharply on weak outlook

When RadioShack announced late Monday that it didn't earn nearly as much as expected in last year's fourth quarter (and that 2012 wasn't looking so hot, either), investors pummeled the electronics retailer's shares in after-hours trading. And with additional time overnight to ponder the Fort Worth-based company's disclosure, investors pounded the stock (ticker: RSH) even worse when regular trading opened today. The shares were down nearly 30 percent by late morning.

For our full report, click here.

-- Jim Fuquay

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c2cc953ef016300768f1e970d

Listed below are links to weblogs that reference RadioShack shares down sharply on weak outlook:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.

-->

Category Cloud

Blog powered by TypePad
Member since 01/2007