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 >To contact the writer of this article, click here: Alexandra Zendrian >To submit a news tip, send an email to: email@example.com. >To follow the writer on Twitter, go to Alexandra Zendrian.