Shares of Sears Holdings (SHLD) take off, up 8.2% premarket, after the company announces a...

|About: Sears Holdings Corporation (SHLD)|By:, SA News Editor

Shares of Sears Holdings (SHLD) take off, up 8.2% premarket, after the company announces a partial spinoff of Sears Canada and shows improvement with its Q1 report. Trading sentiment starts to tip toward the thesis that the Sears descendancy will be a slow incremental trimming of assets - rather than the sudden death spiral shorts are looking for.