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Why Naked Brands Stock Surged Higher Today


Shares of Naked Brand Group (NASDAQ: NAKD) soared Friday, surging as much as 27.1%. As of 1:46 p.m. EDT, the stock was up 18.6%.

The intimate apparel retailer has been on the prowl for a worthwhile acquisition and told shareholders it may have found a match made in heaven.

Image source: Getty Images.

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Source Fool.com

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