collected by :John Locas
And because our market is a decidedly forward-looking machine, it seems safe to expect any post-earnings movements in Urban Outfitters stock to be closely tied with what management says next week.
What happenedShares of Urban Outfitters (NASDAQ:URBN) were up 5.4% as of 3:20 p.m. EST on Thursday, following positive forward guidance from one of its peers.
Investors should learn if Urban Outfitters expects to share Abercrombie’s anticipated outperformance in the coming year when the company releases its results.
Now whatKeep in mind that Urban Outfitters is slated to release its own fourth-quarter results on March 7, 2017.
So whatWith no company-specific news to report, Urban Outfitters stock surged today after competitor Abercrombie & Fitch Co. (NYSE:ANF) delivered underwhelming fourth-quarter 2016 results, with overall revenue falling 7% year over year, hurt by a 5% decline in total comparable-store sales.
In the case of Cotiviti Holdings Inc (Symbol: COTV), the market cap is now $3.5B, versus Urban Outfitters, Inc. (Symbol: URBN) at $3.06B.
Market capitalization is an important data point for investors to keep an eye on, for various reasons.
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Cotiviti Holdings Inc (Symbol: COTV) was identified as having a larger market cap than the smaller end of the S&P 500, for example Urban Outfitters, Inc. (Symbol: URBN), according to The Online Investor .
But comparing market capitalization (factoring in those share counts) creates a true “apples-to-apples” comparison of the value of two stocks.
The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company’s stock.
Fila, Urban Outfitters Launch Sailing-Inspired Capsule – WWD
SETTING SAIL: Fila and Urban Outfitters are ready to introduce an exclusive women’s capsule collection that takes its cues from the sailing and sea world.
The new Fila + UO range retails from $35 to $150 and will be exclusive to Urban Outfitters stores and online at urbanoutfitters.com beginning March 5.
There will be new and additional Fila + UO collections launching later this spring.
In addition, a selection of Fila + UO bodywear will be offered.
The ads are inspired by Eighties swimsuit and fashion ads, giving the collection a playful beach vibe.