Why Genesco Stock Jumped Today
Shares of Genesco (NYSE: GCO), the diversified footwear company and owner of Journeys, Schuh, and Johnston Murphy, posted mostly weak results in its second-quarter earnings report but still beat estimates and raised its guidance for the full year, which was enough to please the market.
As of 11:42 a.m. ET, the stock was up 11.7%.
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Source Fool.com


