Sears Holdings Corp. (SHLD) reported a first quarter adjusted loss of $1.29 per share after the close Thursday, compared to the loss of $0.51 per share a year ago. The consensus estimate was for a loss of $0.60.
Sears Holdings gapped open sharply lower Friday and is now down 10.12 at $48.05 on strong volume. The stock has dropped to a 1-month low and has fallen below both its 50 and 200-day moving averages.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.