Diamonds and Dogs
A diamond from yester year. Not many stocks up today, but Xerox (XRX) is up 3% to a new high for the year following an upgrade Barclays. The stock conducted a one-for-four reverse stock split last month and is still down 25% over the last two years.
Retailers taking a hit again. Hibbett Sporting (HIBB) is down 27% to a new 52-week low after lowering second quarter guidance. But don't worry, they have a solution, a website for transactional e-commerce called, www.Hibbett.com. Welcome to the 21st century Hibbetts. Too bad you won't last long. A second retailer, Hasbro (HAS) is down 8% after a big run up following less than stellar earnings. As a side note, Amazon (AMZN) is at a new all-time high.
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