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



) --

Sears Holdings


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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Alexandra Zendrian