Staples Inc. (SPLS): Today's Featured Specialty Retail Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Staples (SPLS) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole was unchanged today. By the end of trading, Staples rose 29 cents (2.2%) to $13.66 on heavy volume. Throughout the day, 22.4 million shares of Staples exchanged hands as compared to its average daily volume of 11.9 million shares. The stock ranged in a price between $13.23-$13.69 after having opened the day at $13.31 as compared to the previous trading day's close of $13.37. Other companies within the Specialty Retail industry that increased today were: Netflix (NFLX), up 4.3%, Zale Corporation (ZLC), up 4.2%, Hastings Entertainment (HAST), up 4.1%, and West Marine (WMAR), up 3.2%.
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