Facebook, RadioShack, Michael Kors, and J.C. Penney: 4 Stocks Making Moves
In this video from Tuesday's edition of Investor Beat, host Chris Hill and Motley Fool analysts Mike Olsen and Morgan Housel dig into the biggest business stories from Tuesday's market facing Foolish investors today.
J.C. Penney hit a fresh 52-week low today, after same-store sales for the fourth quarter rose by only 2%. Shares of Michael Kors were up big today, after third-quarter profit rose by 77%, with same-store sales in North America up by 24%. On Monday, RadioShack got a lot of praise for its Super Bowl commercial, but today The Wall Street Journal is reporting that the company plans to close about 500 of its 4,500 stores. And happy birthday to Facebook ! The social network turned 10 today and got a boost to its share price as a birthday present. In this segment, the guys discuss four stocks making moves on the market today.
Companies like J.C. Penney and RadioShack don't paint the whole retail picture
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The article Facebook, RadioShack, Michael Kors, and J.C. Penney: 4 Stocks Making Moves originally appeared on Fool.com.Chris Hill, Michael Olsen, CFA, and Morgan Housel have no position in any stocks mentioned. The Motley Fool recommends Facebook and Michael Kors Holdings and owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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