The Sharper Image Files For Bankruptcy

February 20, 2008 at 8:47 am  ·  Category: Stocks

The Sharper Image (SHRP), the specialty electronics and gadgets boutique, announced this morning that it has filed for bankruptcy (SHRP Press Release).

After reaching a closing high around $40 on February 6, 2004, shares have been mercilessly crushed over the last 4 years, losing another 75% today down to 36 cents a share (SHRP 5 Year Chart).

I remember visiting The Sharper Image store in San Francisco when I was a kid and looking at all the cool stuff.  I have a portable heater and air purifier my Mom bought for me from The Sharper Image.

Don’t really know what happened here.

Posted by Greg Feirman  ·  Trackback URL  ·  Link

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