Zumiez falls, trades near 52-week lows, levels to watch The stock is down over 7.7% at time of writing, trading near the 52-week low of $18.58, which is next support. Resistance is at $20.22. The shares were downgraded earlier today to Underperform at BofA/Merrill. The firm cited bad weather conditions and moderating trends for the recommendation change.
News For ZUMZ From The Last 14 Days
Check below for free stories on ZUMZ the last two weeks.
Zumiez pops after same store sales, upgrade The stock is up over 5% at time of writing to $26.29 following same store sales reported after the close yesterday and an upgrade to Buy at DA Davidson. The current price action, a gap up in price this morning and a "line" across the chart today in a narrow range suggests a short-squeeze may be in progress. Over 8.5% of the float was short as of the last available report. Resistance is at $27.29. Support is at $25.64.
Zumiez reports March SSS down 2.9% Zumiez announced that total net sales for the five-week period ended April 5 increased 4.3% to $63.6M. The company's comparable store sales decreased 2.9% for the five-week period.