Tiffany Sees a Bid After Earnings Release

Filed under: Earnings Reports, Tiffany and Co (TIF)

Tiffany & Company (TIF) was up over 5% to $61.30 late in the afternoon session. Excellent volume backed the move. Shareholders are certainly happy with today's action, especially since a new 52-week high was made during the intraday activities (as of now, that high was set at $61.58).



This stock has been doing very well since it bottomed out in July, as the chart indicates. With such a sharp move to the upside, is it time for traders to exit their profitable positions?

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Tiffany Sees a Bid After Earnings Release originally appeared on BloggingStocks on Wed, 24 Nov 2010 16:40:00 EST. Please see our terms for use of feeds.

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