RadioShack Says Goodbye to the 80s and One Thousand Stores - Presented by: The Aol. On Network

A peppy Superbowl advertisement starring 80s legends was RadioShack's Hail Mary pass, because it is losing money at a rate no analyst expected. The electronics retailer will close 1,100, or one-fifth, of its stores following a rough fourth quarter. RadioShack reported revenue fell more than 20% to $935 million, while its quarterly net loss was $1.29 a share. Wall Street had forecast a net loss of 14 cents a share. RadioShack shares are tumbling in Tuesday trading on the announcement.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
BAC $ 16.75 0.02 ▲ 0.12%
AAPL $ 132.54 1.15 ▲ 0.88%
ONTY $ 3.01 0.50 ▲ 19.92%
HPQ $ 34.76 0.93 ▲ 2.75%
PBR $ 9.15 0.34 ▼ 3.58%
T $ 34.71 0.36 ▼ 1.03%
MSFT $ 46.90 0.52 ▼ 1.10%
F $ 15.27 0.24 ▼ 1.55%

As of 5/22/2015, 04:15 PM