Market Overview

PVH Higher After Q3 Beat

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PVH Corp (NYSE: PVH) shares are trading higher by $2.05 at $108.00 in Thursday's session. The catalyst for the rally is a Q3 beat of $0.20 along with a revenue beat of just over $100 million.

Following a lower open, it declined another nickel to $104.95 before blasting up to $110.97 in the first two minutes of the session. That high comes in above the pair of highs from November 17 ($110.35) and November 18 ($110.24).

Since reaching that elevated level, it has found intra-day support at $107.12 and is attempting to reclaim the $108.00 handle.

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