TJX Provides Q3 Upside Surprise

shares are trading higher by $2.75 at $68.40 in Tuesdays's session. The catalyst for the rally is a Q3 beat of penny coupled with a modest sales beat. Despite lowering Q4 EPS guidance by at least a nickel, the issue is in the green. Following a higher open, it immediately peaked at $69.90 before reversing course. That marks the highest level for the issue since it peaked at $71.37 on November 11 when it ended up closing at $69.06. It matched its seven-month low on Monday, reaching $63.53. Since making its high, it swooned to $66.62 before rebounding back into the $68 handle.

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