U.S. Markets close in 3 hrs 36 mins

Sears is set to crash to a record low after report says a bankruptcy filing could come as soon as this week (SHLD)

Business Insider
Sears is set to crash to a record low after report says a bankruptcy filing could come as soon as this week (SHLD)

Sears shares plunged 29% early Wednesday after The Wall Street Journal reported the retailer could file for bankruptcy protection as soon as this week. The cash-strapped retailer has $134 million in debt due Monday, according to The Journal. Sears appointed a restructuring expert, Alan Carr, to its board