Martha Stewart (MSO) Gets a Turkey Day Bounce
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When you think about Thanksgiving, you may think about the Diva of the Day - Martha Stewart. Well today, investors are thinking about her stock and loading up on it.
Shares of Martha Stewart Living Omnimedia (NYSE: MSO) are up 5.8 percent today on volume that is on pace to more than double normal.
Coincidence? I think not.
The last time the stock performed this well was Sept 20th, when it was up 6 percent.
Likely investors, that have forgotten about the stock, were reminded today as they think of digging in for a nice Thanksgiving feast.
Also there is something else in the headlines that may be reminding investors of Martha. Can you guess what that is? It involves handcuffs.
Shares of Martha Stewart Living Omnimedia (NYSE: MSO) are up 5.8 percent today on volume that is on pace to more than double normal.
Coincidence? I think not.
The last time the stock performed this well was Sept 20th, when it was up 6 percent.
Likely investors, that have forgotten about the stock, were reminded today as they think of digging in for a nice Thanksgiving feast.
Also there is something else in the headlines that may be reminding investors of Martha. Can you guess what that is? It involves handcuffs.
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