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Why Is It Moving? Analyzing The Upward Movement in L Brands's Stock Today

January 7, 2021 10:38 am
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Why Is It Moving? Analyzing The Upward Movement in L Brands's Stock Today

The Price And Volume Action In L Brands's Stock Today

L Brands's (NYSE:LB) stock is trading up 5.79% to a price of $45.24. Thursday the stock has been traded at a volume of 1.12 million, about 31.31% of its recent 30-day volume average of 3.58 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: L Brands shares are trading higher after the company issued Q4 EPS guidance above analyst estimates.

Perspective On Recent Price Action

The 50-day moving average price of L Brands's stock was $37.24 when this article was published. The stock reached a high of $43.86 and a low of $8.0 in the past 52 weeks.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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