Genesco (GCO) Surges 8.4%: Is This an Indication of Further Gains?
GCOGenesco(GCO) ZACKS·2024-11-07 23:45

Genesco (GCO) shares ended the last trading session 8.4% higher at $29.45. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.2% gain over the past four weeks.Genesco saw a boost in its stock price, driven by overall positive market sentiment following the clear mandate for Trump in the recent election, signaling a stable political climate. Coupled with strong fundamentals, the company’s renewed focus on product inn ...