Despite a massive surge in stock prices due to the government plan to bolster a floundering economy, Friday saw the value of many retail stocks fall. Randal Konik, an analyst with Jefferies & Co. warned of a turbulent recovery period ahead for apparel retailers. According to Mr. Konik, investors should “expect significant stock volatility through year-end with a downward bias, while meaningful sector improvement is likely more than 12 months away.”
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