- Office Depot, Inc. stock price today and history
Office Depot, Inc. (ODP) stock prices updated...
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Office Depot, Inc. stock price, ODP
Office Depot, Inc. stock chart:
Office Depot, Inc. close price: 5.15
Stock price forecast:
DOWN TO -0.58%
Total forecasts: 85
Reached: 6 (7.06%)
Total Win: 0.25 (5.26%)
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Office Depot, Inc. latest news:
Staples shares surge on report of $6 billion acquisition by Sycamore
Shares of Staples Inc. surged nearly 5% in after-hours trading late Wednesday after Reuters reported that private equity firm Sycamore Partners is in advanced talks to acquire the office supplies retailer. Reuters said Sycamore is finalizing a debt financing deal with Staples after beating out Cerberus Capital Management in an auction. A final deal, which may top $6 billion, could be announced next week, the report said. The Wall Street Journal reported in April that the troubled retailer was seeking a buyer. Staples has more than 1,200 stores in the U.S., but has been forced to close hundreds of stores in recent years due to an extended slump in sales. A proposed merger with rival Office Depot Inc. was rejected in 2016 over antitrust concerns. Staples shares are down 0.7% over the past month, and down 1.3% over the past year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
These 3 retail stocks are not getting obliterated like Sears
Office Depot Inc. Office Depot is forming an ascending triangle pattern that triggers a buy above $5.40. Burlington Stores Inc. Burlington's breakout signal triggers with a push through $102.50. Home Depot Inc. HD is still a "buy the dips stock" this summer.
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S&P 500, Nasdaq ump to intraday records on upbeat earnings
U.S. stocks on Tuesday opened at or near record levels as investors appeared heartened by upbeat earnings reports and the easing of some of the market's near-term worries. The Dow Jones Industrial Average traded 22 points, or less than 0.1%, at 21,1033, the S&P 500 index gained about 3 points, or 0.1%, at 2,401, briefly eclipsing its intraday record of 2,401.36 set on Monday, while the Nasdaq Composite Index climbed 7 points, or 0.2%, at 6,116-a new intraday record for the tech-heavy index. A measure of market volatility, the CBOE Volatility Index , fell to a roughly 23-year low on Monday and threatened to hit its lowest level in history, according to FactSet. The VIX has been closely followed because it implies to some market participants that investors may be getting too complacent about the possibility of sharp dives in equities, after a monthslong rise that has taken them to repeated record levels. Meanwhile, the 10-year Treasury note yield [BX: TMUBMUSD10Y], which moves inversely to price, was at 2.40%, around the highest level in weeks for the benchmark bond. Shares of Office Depot Inc. , Valeant Pharmaceuticals International Inc. and Marriott International Inc. were all trading higher after reporting better-than-expected quarterly results. Moves for the markets come after one big geopolitical overhang subsided over the weekend, with the French presidency won by Emmanuel Macron, viewed as a pro-market candidate. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Why Is Office Depot (ODP) Down 4.2% Since the Last Earnings Report?
A month has gone by since the last earnings report for Office Depot Inc ODP Shares have lost about 4 2 in that time frame underperforming the market Will the recent negative trend continue leading up to the stock s next earnings release or is it due for a breakout Before we dive
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