Cabelas Rallies Again On Report Of Possible Sale

shares are trading higher by $3.90 at $45.65 in Friday's session. Once again, the rumor mill has the issue trading higher as there is renewed speculation that the company may be for sale. After a higher open, it continued to rally but found resistance in a familiar area. Back on October 8, a rally stalled at $47.33 and stood in place as the issue swooned to $33.03 on October 3. In today's session, the rally was halted $47.35 and now the issue has retreated under $46.

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