Why Canada Goose Stock Gained 31% Last Month
Shares of Canada Goose (NYSE: GOOS) were flying higher last month even though there was little company-specific news out on the maker of luxury parkas. Instead, the stock seemed to rise on third-party reports that sales of winter gear were spiking because of the pandemic, and on a pair of bullish analyst notes. According to data from S&P Global Market Intelligence, the stock finished the month up 31%.
As you can see from the chart below, the stock gained steadily over the course of the month, and then popped on an upgrade on Sept. 30.
Source Fool.com
