24/7 Wall St.: A Miserable Period For E-Commerce

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Retail Bottomfishers Have Better Options Than Saks

Investing Ideas

Last weekend’s issue of Barron’s highlighted a money manager’s bullish stance on shares of luxury retailer Saks (NYSE:SKS). The stock is up more than 10% since then, and now fetches $4.50 per share. But Chad Brand believes there are better options for bargain shoppers.

Saks Inc. shares tank 26% to the $2 Range

Saks Inc. (SKS)

Huge blow to Saks Incorporated (NYSE:SKS) shareholders, after reporting a huge Q3 loss and weak outlook, SKS share are down more than 25% and heading towards $2.

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