Office Depot Stock Has Shed 42% of Its Value in 2018
Office Depot (ODP), one of the last surviving office supply retailers, has been seeing a downtrend in its stock for some time. The stock has fallen 41.8% on a YTD (year-to-date) basis as of April 10, 2018. In comparison, its peers Best Buy (BBY) and Target (TGT) have risen 4.7% and 11.6%, respectively, in the same period. Costco (COST) has fallen 1.4% YTD.