Shares of RadioShack (RSH) trade 4.2% higher premarket after the company announced the immediate...

|About: RadioShack Corporation (RSH)|By:, SA News Editor

Shares of RadioShack (RSH) trade 4.2% higher premarket after the company announced the immediate resignation of its CEO to be replaced on an interim basis by CFO Dorvin Lively. Just to recap a bit, the company has posted two straight quarterly losses and cuts its dividend as shares have nosedived 73% YTD.