Big Lots Rallies Off Q4 Beat

Big Lots Inc. (BIG) shares are trading higher by $1.58 at $43.47 in Friday's session. The catalyst for the rally is Q4 beat of $0.02 with a slight beat for revenues. Its higher opening print of $42.40 so far, has been the low for the session. The ensuing rally found sellers ahead of the psychologica leve of $44, only reaching $43.97 and has retreated into the mid $43 handle.