Sears soars 36% — one day after filing for bankruptcy (SHLD)

Sears Holdings filed for Chapter 11 bankruptcy on Monday.
The retailer received approval on Tuesday to access a $300 million loan to keep it afloat during bankruptcy.
Shares spiked as much as 124% Tuesday before paring their gains and finishing up almost 36%.
Watch Sears trade in real time here.Sears Holdings soared as much as 124% — one day after filing for bankruptcy — as the embattled retailer received approval to access a $300 million loan to keep it afloat during bankruptcy