|From: d1i1a1n1e1 (Rep: 108)||Date: 06/05/2008 11:29|
|Forum: Wall Street Pit - Msg #1345120 - List HOTT msgs ||No Thread (Rec: 0) |
|up cause they didn't lose much money? LOL.|
can understand the stock being up, but not up +15~20%.
Hot Topic Inc. (HOTT), a mall-based retailer of music and "alternative" culture-influenced clothes and paraphernalia, reported a 0.2% drop - much narrower than analysts had expected - with the namesake chain down 0.1% and the Torrid plus-sized women's store falling 0.8%.
Teen retailers have been hit hard by the weak U.S. economy, which has cut deeply into discretionary spending amid rising gas and food costs.
Hot Topic's shares closed Wednesday at $5.27 and recently changed hands at $5.20 in after-hours trading.
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