Wolverine World Wide (WWW) designs, manufactures and markets quality casual footwear and apparel, performance outdoor and athletic footwear and apparel, children's footwear, industrial work boots and apparel, and uniform shoes and boots. This stock closed up 1% at $57.93 on Wednesday.
Wednesday's Volume: 944,000
Average Volume: 440,062
Volume % Change: 142%
Shares of WWW trended modestly higher on Wednesday after the company hiked its full-year adjusted earnings outlook to $2.60 to $2.75 per share, vs. analysts' estimates of $2.31 per share.
Average Volume: 6.13 million
Volume % Change: 161% Shares of WAG spiked higher on Wednesday after the company raised its quarterly dividend by 14.5% to $0.315 from $0.275. >>5 Summer Buy Signals From the Health Care Sector From a technical perspective, WAG trended higher here right above some near-term support at $46 with heavy upside volume. This move is quickly pushing shares of WAG within range of triggering a near-term breakout trade. That trade will hit if WAG manages to clear its 50-day moving average at $48.28 with high volume.
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