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.