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Volcom Shares Rise On 1Q Results, Outlook

Stock quotes in this article: VLCM  

COSTA MESA, Calif. (AP) — Shares Volcom Inc. rose on Friday, after the clothing and accessories maker said profit fell by more than half but topped analyst expectations.

Shares rose $1.20, or 8.9 percent, to $14.69 during midday trading. The stock has traded between $6.39 and $28.88 during the past 52 weeks.

Late Thursday, the company said profit fell 55 percent to $4.2 million, or 17 cents per share, from $9.3 million, or 38 cents per share last year. ...

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