Martha Stewart stock soars ahead of her release
Now that Martha Stewart is out of prison and back home, she sets her sites on rebuilding her image. She'll spend the next five months on home confinement at her estate in New York. Stewart will be able to leave her compound for up to 48 hours a week for work. That includes her version of the hit reality TV show "The Apprentice" and continuing her role as creative talent for Martha Stewart Living Omnimedia. She also will star in a revival of her homemaking show, and her company will resume paying her 900-thousand-dollar-a-year salary. In the process, Stewart hopes to turn around the fortunes of her company. In 2004, the company suffered a loss and its revenues sagged, but the stock price rose considerably during her prison stint as investors bet on a Martha comeback. But some experts are taking a wait and see approach. Gary McDaniel, a stock analyst at Standard and Poors, says the price of Stewart's stock isn't supported by the company's prospects.