
Qurate Retail (NASDAQ:QRTEA) Coverage Initiated at StockNews.com

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StockNews.com has initiated coverage on Qurate Retail (NASDAQ:QRTEA), assigning a "hold" rating. The stock opened at $0.36, with a market cap of $144.81 million and a price-to-earnings ratio of -0.51. Institutional investors hold 64.10% of the company's stock, with significant recent purchases from hedge funds. Qurate Retail operates in video and online commerce, selling various consumer products through televised shopping and online platforms.
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