RadioShack Results Weigh on Retail ETFs
April 25, 2011 at 09:01 AM EDT
Disappointing quarterly results from RadioShack (NYSE: RSH) on Monday put a damper on exchange traded funds (ETFs) that invest in retail stocks. RadioShack shares were off 2% in premarket trade Monday after the company said its first-quarter profit fell 30%. “Despite a challenging economy and...