RadioShack to Carry iPad 2; Shares Spike

Shares of consumer technology retailer RadioShack jumped Monday on news that the chain will begin selling Apple's iPad 2 Tuesday.

Getty Images

About 500 RadioShack locations are expected to offer the latest iteration of Apple's hugely popular iPad tablet.

"We are thrilled that iPad 2 will be available at 500 RadioShack locations across the country starting tomorrow, March 29," the company told CNBC.

RadioShack shares spiked nearly 4 percent on the initial report, before easing slightly. Get real-time quotes for RadioShack here.