Office Depot Shares Soaring Nearly 20% As Retailer Vows To Close 400 Stores

Office Depot reported first quarter earnings results that beat expectations and included news that the retailer will close at least 400 stores by the end of 2016 — but investors are cheering, sending the stock for gains of nearly 20% in early Tuesday trading.

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Office Depot Shares Soaring Nearly 20% As Retailer Vows To Close 400 Stores

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