Martha is Losing
I know most of us are thrilled that Marth Stewart had to go to jail; however, her investors are anything but thrilled. Martha's magazine and television show "Martha Stewart Living" have experienced sharp declines in revenue and their stockholders are feeling it. The company's fourth quarter loss alone was $7.3 million which translates into 15 cents per share. Martha is due to be release from her 5 month prison term this week. What affect do you think her return to the real world will have on her companies? Do you think they can recover from their losses?
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