Powerful Breakout for Family Dollar
Family Dollar Stores (FDO) is surging this morning on very heavy volume. The discount retailer began the session with a powerful gap higher following this morning's Q4 earnings report.
Management's bullish outlook for fiscal 2013 sparked a gap higher open that lifted shares past both their September and August highs. FDO has backed off a bit from its early push and is now stabilizing with a 4% gain, putting it in the NYSE top ten dollar gainers. ...260 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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