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Why Conn's Stock Surged Today

TheMotleyFool

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Why Conn's Stock Surged TodayPhoto, wide shot, wide-angle lens, Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png

Shares of Conn's (NASDAQ: CONN), the rent-to-own retailer, were surging today after the company delivered strong results in its fourth-quarter earnings report, with profits up sharply even as revenue fell.

Shares of the retailer were up 27% as of 2:30 p.m. EDT on Wednesday.

Image source: Conn's.

Source Fool.com

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