Trader Radar - Tuesday December 23rd
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This greeting card company, founded in the early 1900s, flourished during the Great Depression as inexpensive cards were often given instead of gifts. These days the company is taking its greetings online, recently acquiring Photoworks and Webshots Internet photo sites. But the company should have stuck to the model that worked during the century’s worst recession, as losses from its Internet units pushed the shares lower. Who is it?
A: On the trader radar tonight we’re watching American Greetings . The cards maker was among the most active names on the NYSE today.