NEW YORK (AP) — Shares of RadioShack Corp. slumped to an all-time low on Wednesday after the struggling electronics retailer reported an unexpected $21 million loss for its second quarter. Its shift toward selling smartphones and their accessories was not enough to offset a decline in demand in other consumer electronics.
The company also suspended its dividend. Its shares fell $1.05, or 28.8 percent, to close at $2.60 Wednesday after falling as low as $2.46 earlier, an all-time low.
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