NEW YORK (
was the worst performer in the
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
Earlier this week, Sears named David Lukes president of real estate development. Lukes was CEO of
The broad-line retailer is closing at least
Six of the seven analysts who cover Sears rated it sell; one analyst gave the stock a hold rating.
gives Sears a
and a sell rating. The stock has skyrocketed 131.66% year to date.
-- Written by Alexandra Zendrian
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