Dow Jones Falls 130 Points; Office Depot to Close 400 Stores

Stocks end the day sharply lower as the Dow Jones lost nearly 130 points. Twitter's (TWTR) shares fell a whopping 18% on the day and plummeted to its lowest point since its IPO debut in November. Chrysler hopes to become mainstream as it announced that it will be releasing a compact sedan, the Chrysler 100, in 2016 to compete with Ford (F) Focus, Toyota (TM) Corolla, Honda (HMC) Civic and Chevrolet Cruze.
In hopes of saving $75 million annually, Office Depot (ODP) announced that they will be closing at least 400 stores by the end of 2016.

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Published on May 6, 2014
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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