Thursday, December 09, 2004

Diva in Distress? Nah

Remember when Martha Stewart was in the dumps? She's not anymore--
shares of her company are flying high. Real high. It seems only
yesterday the stock was trading in the single digits. Then came the
soft 5 month sentence, taking the stock to the low teens. That was
followed by Kmart's purchase of Sears, entailing her houseset
collection would be in twice as many stores. That mega deal not only shook the socks off Walmart and Target; it also sent her co.'s stock price to the twenty range. Well, the good just got better.
Shares of MSO soared Thursday after Survivor produccers announced
Martha Stewart would host her own reality show. Maybe they'll have an
episode about corporate shenanigans.

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