Market Overview

Tiffany & Co. Rallies Off Mixed Report

Share:
Related TIF
Trump Tower Casting A Shadow On Surrounding Businesses Due To Security Issues, Protests
Mid-Afternoon Market Update: Crude Oil Down 3.5%; Thor Industries Shares Surge On Earnings Beat
Tiffany - Bears Play Their Trump Card (Seeking Alpha)

Tiffany & Co. (NYSE: TIF) shares are trading higher by $1.55 at $71.67 in Friday's session. The Street is focusing on its Q4 beat of $0.06 with inline revenues instead of the announcement that the company expects EPS to fall in Q1.

After a higher open, it retreated and found support just above Thursday's close ($70.12), only reaching $70.36 before continuing its move higher. It went on to make a new high for the move, surpassing the former high ($72.39), reaching $72.90. That is just shy of its January 7 high ($73.18).

At this time, it has been unable to hold on to those gains and has fallen back into the mid-$71 handle.

Posted-In: Technicals Intraday Update Movers Trading Ideas

 

Related Articles (TIF)

View Comments and Join the Discussion!