CKE Restaurants Climbs On Positive Earnings News

Posted on Wednesday, May 28, 2008 12:40 PM
(RTTNews) - CKE Restaurants Inc. (CKR) gapped open slightly higher on Wednesday before settling into a range that was just above the open. In the last 20 minutes the stock has been picking up volume and has climbed out of the range. The stock is currently at $10.77 up $0.77 from Tuesday's close. The advance came on strong earnings news and has taken the stock out of a recent trading range and to a level that challenges its 50-day moving average. For comments and feedback: contact editorial@rttnews.com
Stocks To Watch Today: MS, AKS, MON, ACI, NSM, MEE, MGM, FFIV, NVS, GSK, EQ (Click Symbol For Latest News)

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