NEW YORK (TheStreet) -- As Wall Street counts down the days, hours and minutes left in 2014, investors are rethinking RadioShack (RSH) . How much time does RadioShack has left after the struggling retailer reported a wider-than-expected quarterly loss Thursday?
All told, for the period ending Nov. 1, RadioShack posted a quarterly loss of $1.23 per share, much wider than last year's loss of 90 cents and worse than Wall Street estimates of a loss of $1.04. Meanwhile, revenue declined 16.1% year over year to $650.2 million, also missing estimates of $717 million.
The shares touched another 52-week low of 50 cents on Thursday in midday trading, down another 5.4%. As of 1 p.m., the shares showed a slight bounce to 54 cents.
The stock drop fueled speculation that the Texas-based electronics retailer won't be able to avoid bankruptcy some time in 2015.
The chart above shows how unforgiving Wall Street has been to the retailer. RadioShack shares have been repeatedly punished with each quarterly miss.
Bears who have bet against RadioShack have made a killing in 2014. The stock is down 80% on the year, compared to the with the 9.62% gain in the S&P 500 (SPY) and the 5.77% gain in the Dow Jones Industrial Average (DJI) .
Radio Shack has had almost two decades to adjust to the emergence of rivals like Amazon (AMZN) and auction sites like eBay (EBAY) that have taken away its customers. The shift toward online shopping has killed RadioShack's in-store traffic and pressured its margins.
In July, Moody's Investors Service predicted that RadioShack may run out of cash by as early as October 2015. In the report, analyst Mickey Chadha wrote, "Absent a credible turnaround strategy to improve sales growth and increase earnings, RadioShack will be hard pressed to remain relevant in the increasingly competitive mobile phone and consumer electronics business."