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RadioShack (RSH) Falls: Stock Plunges 10.2%
June 13, 2014

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RadioShack Corp. saw a big move last session, as the company’s shares fell by over 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for RSH, as the stock is now down 17.3% in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as RadioShack has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

RSH currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the wholesale retail sector include Aaron's, Inc. (AAN), Build-A-Bear Workshop Inc. (BBW) and Conns Inc. (CONN). While Aaron's and Build-A-Bear Workshop carry a Zacks Rank #1 (Strong Buy), Conns holds a Zacks Rank #2 (Buy).

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