Sears (SHLD): S&P Intraday Laggard - TheStreet

NEW YORK (

TheStreet

) --

Sears Holdings

(SHLD)

was the worst performer in the

S&P 500

Thursday morning.

The S&P was down 9.49 points, or 0.68%, to 1,393.40 early Thursday.

Shares of Sears fell 3.89% to $73.71. The company hired Steve Haber as president of its home appliances division. Haber was previously executive vice president at

Sony Electronics

.

Earlier this week, Sears named David Lukes president of real estate development. Lukes was CEO of

Mall Properties

.

The broad-line retailer is closing at least

100 stores

this year.

Six of the seven analysts who cover Sears rated it sell; one analyst gave the stock a hold rating.

TheStreet Ratings

gives Sears a

D grade

and a sell rating. The stock has skyrocketed 131.66% year to date.

-- Written by Alexandra Zendrian

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