Why Sears Stock Is Crashing
For a long time now, Sears Holdings (SHLD) has faced mounting threats but has managed to hang on somehow. A myriad of factors including the arrival of Amazon (AMZN) and self-harming managerial decisions have reduced the former retail behemoth to a shadow of its former self. To reverse fortunes, the company has undertaken many initiatives, which include cost cuts and debt financing. Sears stock price has fallen over 34.4% YTD (year-to-date) as of February 2, 2018, compared with a 3.3% gain in the S&P 500.