Why Is Urban Outfitters (URBN) Stock Soaring Today [Yahoo! Finance]
Urban Outfitters, Inc. (URBN)
Last urban outfitters, inc. earnings: 3/3 04:10 pm
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US:NASDAQ Investor Relations:
investor.urbn.com/investor-relations
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Source: Yahoo! Finance
tracks retail transactions, revealed that shoppers spent a record $10.8 billion online on Black Friday (2024), representing more than a 10% growth compared to the previous year, and more than double what consumers spent in 2017. This is a bullish 'read-through' for retailers and aligns with some of the positive sentiments and holiday spending trends observed by some of the companies that have reported this earnings season. After the initial pop the shares cooled down to $50.67, up 3.9% from previous close. Is now the time to buy Urban Outfitters? Access our full analysis report here, it's free Urban Outfitters's shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The previous big move we wrote about was 5 days ago when the stock gained 17.1% on the news that
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URBN
Earnings
- 11/26/24 - Beat
URBN
Sec Filings
- 12/10/24 - Form 10-Q
- 11/27/24 - Form 8-K
- URBN's page on the SEC website