The Sharper Image Files For Bankruptcy

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.

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