CURV - Retail stocks gain after improved NRF forecast Torrid +20% on strong debut
metamorworks/iStock via Getty Images Some pockets of retail are gaining after the National Retail Federation increased its 2021 retail sales forecast dramatically today. Notable gainers include Express (EXPR) +9.9%, J. Jill (JILL) +7.9%, Zumiez (ZUMZ) +4.2%, Designed Brands (DBI) +3.9%, Hibbett Sports (HIBB) +3.0%, ODP Corporation (ODP) +2.8%, Citi Trends (CTRN) +2.4%, L Brands (LB) +2.4% and Dillard's (DDS) +1.8%. Most of the retail names in positive territory today are small caps and mid caps. The mall sector now includes Torrid Holdings (CURV), which is trading 20% above its IPO pricing level on what appears to be a strong debut. First half review: Retail sector generates big returns for the first half of the year on re-opening hopes and Reddit buzz.
For further details see:
Retail stocks gain after improved NRF forecast, Torrid +20% on strong debut