Staples Inc. (SPLS): Today's Featured Specialty Retail Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Staples (SPLS) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole was unchanged today. By the end of trading, Staples fell $0.18 (-1.2%) to $14.59 on light volume. Throughout the day, 4,231,852 shares of Staples exchanged hands as compared to its average daily volume of 7,596,700 shares. The stock ranged in price between $14.50-$14.74 after having opened the day at $14.67 as compared to the previous trading day's close of $14.77. Other companies within the Specialty Retail industry that declined today were: Hastings Entertainment (HAST), down 6.2%, Lentuo International (LAS), down 4.8%, Odyssey Marine Exploration (OMEX), down 2.9% and EZCorp (EZPW), down 2.8%.
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