Five Below (FIVE) Soars 8.4%: Is Further Upside Left in the Stock?
Five Below(FIVE) ZACKS·2024-11-08 17:30
Five Below (FIVE) shares soared 8.4% in the last trading session to close at $91.52. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.7% loss over the past four weeks. Five Below's growth is fueled by its aggressive store expansion and a strategic refocus on its core pre-teen and teen customer base. The success of its Five Beyond format alongside ongoing improvements in operational efficiency and inventory management, will drive ...