NEW YORK — Shares of Kmart Holding Corp. were on a tear Monday, jumping more than 30 percent in intraday Nasdaq trading, after the discounter proved that it didn’t have such a bad first quarter after all.
After going as high as $24.43, shares ended the trading day at $22.53, up $4.05, or 21.9 percent, as the Dow Jones Industrial Average, Nasdaq, Standard & Poor’s 500 and S&P Retail Index all managed gains of more than 2 percent. The Dow climbed 201.84 points, or 2.2 percent, to end the day at 9,318.96.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)