Why Naked Brand Group Is Trading Higher Today
The Price And Volume Action In Naked Brand Group's Stock Today
Naked Brand Group (NASDAQ:NAKD) is currently up 10.07% to a price of $0.62. Friday the stock has been traded at a volume of 35.83 million, about 48.18% of its recent 30-day volume average of 74.37 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Naked Brand Group shares are trading higher after shareholders vote for approval of the proposed transaction to divest Bendon brick-and-mortar operations.
Insights On Recent Price Action
The 50-day moving average price of Naked Brand Group's stock was $0.89 when this article was published. The stock reached a high of $3.4 and a low of $0.07 in the past 52 weeks.
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