Next up: Sears (SHLD). The iconic retailer can't turn a profit or get customers excited about its merchandise or Kmart's. After reporting yet another quarter of steep losses early Thursday, Sears' stock dropped nearly 5%.
Releasing results so close to JCPenney at least makes Sears look good by comparison. At least by many StockTwits traders.
Like J.C. Penney, Sears has a major hedge fund manager backing it in Eddie Lampert. Tough day for both Lampert and Pershing Square's Bill Ackman, who's been a fan of J.C. Penney's CEO.
Still not all traders were equally down on Sears. At least one saw signs of hope in Sears' results.
Not a member yet?Sign up now for a free account
|China's fastest-growing cities for millionaires|
|Chrysler relents, agrees to recall 2.7 million Jeeps|
|Google files First Amendment court case against NSA surveillance secrecy|
|Meet the world's first Bitcoin baby|
|Immigration bill could cut deficits by $175 billion - CBO|