Zumiez Soars on SSS and Analyst Calls (ZUMZ)
Posted in pre-marketSeptember 3rd, 2009
Zumiez Inc. (NASDAQ: ZUMZ) is soaring despite a drop of 12.1% in same-store-sales for August. The rally is because this was not as bad as some feared…. We have seen Three analyst upgrades this morning from MKM, Blair, and Baird. Shares are up over 10% at $13.88, still only half of its 52-week high of $28.84. Volume is still thin but that will change throughout the morning. -JON OGG
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