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Stock Market & Financial Investment News

News Breaks
July 21, 2014
12:08 EDTRCIIRent-A-Center technical commentary ahead of results
Shares have underperformed the broader averages, trading lower by more than 5% in the last three months. At the current price of $24.15, price is close to the 52-week low at $23.65. On further disappointment in results or outlook tonight, that low could easily be taken out on the downside. Additional support levels to watch as potential downside objectives would be at $22.90, $21.30, and $19.85. If the news comes in better than expected, traders should be aware that over 17% of the float is short. That could provide fuel for a short-squeeze if the fundamentals provide the right catalyst. Resistance levels to be aware of as potential upside objectives on an increasing band of positive surprise are at $25.96, $27.47, $28.53, and $29.26.
News For RCII From The Last 14 Days
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December 17, 2014
13:46 EDTRCIIRent-A-Center initiated with a Buy at BB&T (pre-open)
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December 11, 2014
16:12 EDTRCIIRent-A-Center raises quarterly dividend by 1c to 24c per share
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