Sears Holdings Corp. (SHLD) Plunged To A New Low On Q4 Forecast

Sears Holdings Corporation (NASDAQ:SHLD) is currently down -24.24%. Their market cap is 3.71B . Sears Holdings Corporation is a broadline retailer with over 4000 full-line and specialty retail stores in the United States and Canada.

There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Sears Holdings Corp. (NASDAQ: SHLD), Parlux Fragrances Inc. (NASDAQ:

The previously discussed investment in Sears (SHLD) hasn't helped. But neither has a few other notable big bets in Lampert's portfolio. Those include: The Gap (GPS), which entered today's session down nearly 14% on the year.

(SHLD: News ) is falling 11 percent to $40.90. The company announced that its comparable store sales for the eight-week period declined 5.2 percent. The company said it expects fourth quarter consolidated Adjusted EBITDA to be less than half of last

On the flip side, Sears Holdings (NASDAQ:SHLD) plunged to the bottom of the S&P 500 and the NASDAQ-100 following a negative update on same store sales and the announcement that it will close 100 to 120 Sears and Kmart stores. The stock got hammered;