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Stock Market & Financial Investment News

News Breaks
March 12, 2013
09:57 EDTIRBTiRobot gaps up after guidance bump, levels to watch
Last night after the close the company raised guidance to 16 cents to 20 cents per share for its Q1 versus consensus of 2 cents. Traders were positioned for a slow down as the sequester begins hitting military budgets. The stock was last up nearly 8.5% in reaction to the improved outlook. At the current price of $24.68, next resistance is at $25.20 and then at $26.17, a prior pivot high. Support is at $23.85.
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