InvestorsKeyhole Morning News Leader

Michaels Companies Now Up 54% Since Last Week’s Earnings Report

The Michaels Companies, Inc. (MIK) is up 11.2% Monday morning. The stock continues to build on last week’s rally after the company delivered a big second-quarter earnings beat with slightly better than expected revenue for the quarter. MIK is up over 54% in the last week following the earnings blow-out and investors continue to push shares higher.

The Michaels Companies, Inc. (MIK) is a specialty retailer.

Hovnanian Enterprises, Inc. (HOV) and GameStop Corp. (GME) top the list of other companies with positive news today, while PaySign, Inc. (PAYS) and Endo International plc (ENDP) top the list of companies with negative news.

Already a member?

Login to see your Morning News Leader Trade Idea.

Not yet a member?

You can receive four timely bull-put credit spreads each market day by joining our InvestorsKeyhole Daily Trade Alerts Service. Our analysts scour the news looking for unusual options activity, how insiders are trading, and breaking news, and publish trades accordingly.

Become A Member

About The Michaels Companies Inc.

The Michaels Companies Inc is an arts and crafts specialty retailer in North America. The company provides materials, project ideas, and education for creative activities like crafting classes, store events, store displays, mobile applications, and online videos. The company sells merchandise through two stores: Michaels and Aaron Brothers. Michaels' revenue segments are general crafts, home decor and seasonal, framing, and paper crafting. Aaron Brothers offer unique framing assortments. The company operates its own distribution network through a wholly owned subsidiary to supply merchandise in the stores.

  • Last Price:
  • Previous Close:
  • Change:
    $0.00 (0.05%)
  • Open:
  • Volume:
  • Average Volume (100 Day):
  • Market Capitalization:
    $1.5 B
  • Day's Range:
    $9.34 - $9.72
  • Dividend Yield:
  • 52-week Range:
    $18 - $4.96
  • P-E:
  • EPS:
  • Earnings Date:
  • Ex Dividend Date:
  • Sector:
    Consumer Cyclical
  • Industry:
    Specialty Retail
  • Analyst Average Recommendation:

Download this step-by-step guide on placing InvestorsKeyhole Daily Trade Alerts.

How to place a credit spread

How to place a vertical debit spread


You May Also Like