Inter Parfums (IPAR) Soars 8.9%: Is Further Upside Left in the Stock?

Inter Parfums (IPAR) shares ended the last trading session 8.9% higher at $138.35. 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 10.9% gain over the past four weeks. Inter Parfums' shares rallied on optimistic market sentiment following its record second-quarter 2024 net sales numbers. The company capitalized on the strong momentum in the fragrance market, supported by robust sales from its new licenses, Roberto ...