New story in Business from Time: The Last Famous Investor Betting on Sears Just Gave Up on It—and Its Stock Plunged

The past few years have been difficult ones for Sears, marked by shrinking sales, a sinking share price, and a slew of store closures. But the struggling retailer could at least count on one thing: the support of Bruce Berkowitz, one of Wall Street’s most iconoclastic investors, and someone who’s willing to really go against …

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: