PVH Corp Sharply Higher After Q4 Beat

PVH Corp PVH shares are trading higher by $7.37 at $95 in Thursday's session. The catalyst for the rally is a Q4 beat of $0.06 on slightly better sales.

After a higher open, it pulled back and found support well ahead of the top of Wednesday's range ($88.96), only reaching $90.89 before resuming its move higher. So far, it has reached $95.25 and is not far off that level. The last time PVH was near the $95 level was back on December 2, when it peaked intra-day at $94.88, but fell back to end the session at $93.38.