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Why Revolve Group Stock Jumped 24% Last Month

TheMotleyFool

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Why Revolve Group Stock Jumped 24% Last MonthPhoto, wide shot, wide-angle lens, Grocery store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/9a6c3fc6-53ff-4c6e-848b-263660ac3eb0.png

Shares of Revolve Group (NYSE: RVLV) were surging last month after the influencer-driven online fashion retailer turned in a strong fourth-quarter earnings report. The company beat estimates on the top line and delivered a much better profit than expected.

According to data from S&P Global Market Intelligence, the stock finished the month up 24%. As you can see from the chart below, essentially all of the gains came at the end of the month when the report came out.