AVYA - Hot Stocks: Mall retailers slide; CVNA AVYA extend declines; THS rises on analyst comments; AR sets new high
Buyers took charge on Wall Street during Monday's trading, continuing a rebound that began on Friday, when the S&P 500 briefly dipped into bear-market territory. With financial stocks leading the advance, the major averages posted a notable rebound, led by a nearly 2% rise in the Dow. Despite the advance in the overall market, some mall-based retailers continued to decline. Express (EXPR), Gap (GPS), Abercrombie & Fitch (ANF) and Children's Place (PLCE) all finished lower. Carvana (CVNA) and Avaya (NYSE:AVYA) also extended recent weakness, with each posting further double-digit percentage declines. Elsewhere in the market, Treehouse Foods (THS) posted a notable gain, lifted by a positive analyst comment. At the same time, Antero Resources (AR) was carried higher by a further advance in natural gas prices, climbing to a new 52-week high. Sector In Focus While many beaten-down names received a bid on Monday amid a general Wall Street rebound,
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Hot Stocks: Mall retailers slide; CVNA, AVYA extend declines; THS rises on analyst comments; AR sets new high