Feb 18th: RadioShack Climbs Most in More Than Five Years
RadioShack Climbs Most in More Than Five Years
By Chris Burritt - FEB 18th
.RadioShack Corp. (RSH), the electronics retailer seeking a new chief executive officer, climbed the most in more than five years.
RadioShack advanced 22 percent to $3.22 at the close in New York, the biggest gain since July 7, 2006. The shares gained 14 percent Jan. 25.
RadioShack tumbled 78 percent last year as the company posted three straight quarterly losses and suspended its dividend. The company has been seeking a new chief executive officer since September, when James Gooch stepped down and Chief Financial Officer Dorvin Lively took on the additional duties of interim CEO.
Bruce Bishop, a spokesman for the Fort Worth, Texas-based company, didn’t immediately return a telephone message and e- mail seeking comment.
First of all, whats with By Chris Burritt - FEB 18th? Why not post the date this article was posted on. Also, it doesn't take much for a penny stock to go up big in a day. By the way, Radio is making lower lows this week.