What kind of trading activity is in the making here...the stock is going to the $40 Dollars range...with no Guidance!...Margins out of wack!...weak Q!...the Market down 100 points and URBN up 75 cents...Duhhh
I am missing something here...someone please clarify?
You didn't mention that the stock has traded in a .15 range for the bulk of the day. My guess is churning so it has the appearance of volume and is up. Someone else said an upgrade might come. Starting to think it a possibility. Might be the company's share repurchases. It's a pretty straight line.