Diamonds and Dogs
Bon-Ton Stores Inc. (BONT)
Bon-Ton Stores is trading higher today, up 28.66% to $6.03. The retailer saw its shares go green today after posting a fourth quarter profit. For the quarter, Bon-Ton management announced revenues of $963.5 million, an EPS of $3.55, and a profit of $71.7 million. Even with a surprising profit this quarter, the company still expects to lose around $0.25 per share for the full year. Shares of Bon-Ton rallied over $1.30 today, but are still way off of their 52-week high of $12.10.
Box Inc. (BOX)
Box Inc. is tearing at the seams today, down 13.30% to $17.80. The cloud-based mobile company saw its shares sell off after worse than expected earnings. For the fourth quarter, Box announced revenue of $63 million beating analysts' estimates of $58 million. However, the company announced a net loss of $1.65 per share, which was significantly less than Wall Street's call for a loss of $1.17. Shares of Box Inc. fell nearly $2.75 today, and crept close to their 52-week low of $16.41 intraday.
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