RadioShack Shares Tank: Time for a Gut Check?
In the following video, Motley Fool consumer goods analyst Blake Bos explores what is behind the precipitous drop in shares of RadioShack over the past month. While the stock had been up around 43% year to date, it has since fallen 18% just in the last month. Is it time to panic? Blake discusses why the market originally rallied around this stock in light of a perceived turnaround at the company with the hiring of new CEO Joe Magnacca, and tells investors what to look for going forward now that market sentiment seems to have reversed course.
Many write off any chances for RadioShack's revival, but the brand has been around for more than 80 years and survived numerous technological disruptions during that time. The question is: Can RadioShack survive in today's new retail environment? To help answer that question, we've compiled an in-depth premium report covering all the opportunities, risks, and specifics that every investor should be aware of before deciding whether RadioShack is a buy or a sell. Simply click here now to claim your copy and start reading today.
The article RadioShack Shares Tank: Time for a Gut Check? originally appeared on Fool.com.Blake Bos and The Motley Fool own shares of RadioShack. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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