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Sears stock swings sharply higher after WSJ report that rescue bid is still alive

“SHLDQ, +11.71% pulled a sharp U-turn in afternoon trade Tuesday, after The Wall Street Journal reported the Eddie Lampert’s rescue bid is still alive” writes Reporter Editor for The stock shot up 15%, after being down as much as 50% earlier in the session, after media reports that the troubled department store chain would seek liquidation.

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