Here Is Why Retail Stocks Are Getting Slammed Just Days Before Christmas
Some of the most well-known retail stocks are getting slammed in the final days of the holiday shopping season.
Some of the most well-known retail stocks are getting slammed in the final days of the holiday shopping season, according to analysis by TheStreet's senior correspondent Brian Sozzi. "Shares of the biggest retailers around have crashed in the final few trading days before Christmas. The SPDR S&P Retail ETF (XRT) - Get Report , which counts Walmart (WMT) - Get Report , Costco (COST) - Get Report and Ulta Salon (ULTA) - Get Report as a few of its top holdings, has plunged 3.1% in the past five sessions compared to a relatively unchanged S&P 500," he writes.