Borders Group (BGP) NewsBite - Borders Up Ahead of Earnings Results
Posted on November 20, 2007 at 07:34 AM EST
Borders Group Inc. (BGP) opened at 11.51. So far today, the stock has hit a low of 11.40 and a high of 12.18. BGP is now trading at 12.02, up 0.71 (6.17%). The stock hit its 52 week high of 24.15 in May and set its 52 week low of 11.06 in November. BGP has traded lower for most of the past year. Borders will report its third quarter earnings today after the market closes. Competitor Barnes and Noble (BKS) reported this morning and is trading higher by 6% currently. Technical indicators for the stock are bearish and steady while S&P gives BGP a neutral 3 STARS (out of 5) hold rating. We will just watch this one for now. There are no hedged trades we like on BGP. [RHF - Seven Summits Strategic Investments NewsBite]
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