Chico's Sets Two Month Closing High On Positive Earnings
Posted on Thursday, May 29, 2008 8:18 AM
(RTTNews) - Chico's FAS Inc.
(CHS) climbed more than 13% on Wednesday after the company reported better than expected first quarter earnings. The stock jumped in the first few minutes of the day and then saw another spike with heavy volume in mid-day trading. CHS ended the day up 97 cents at $8.14.
Wednesday's gain pushed the stock above resistance to set a two month closing high.
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