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Why Genesco Stock Jumped Today


Shares of Genesco (NYSE: GCO), the diversified footwear company and owner of Journeys, Schuh, and Johnston Murphy, posted mostly weak results in its second-quarter earnings report but still beat estimates and raised its guidance for the full year, which was enough to please the market.

As of 11:42 a.m. ET, the stock was up 11.7%.

Image source: Getty Images.

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Source Fool.com

Genesco Inc. Stock

€22.40
-5.880%
Heavy losses for Genesco Inc. today as the stock fell by -€1.400 (-5.880%).
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Genesco Inc. stock is not clear.
With a target price of 39 € there is a hugely positive potential of 74.11% for Genesco Inc. compared to the current price of 22.4 €.
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