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news on 9/20/01 (one week after WTC): Retailer Wet Seal (WTSLA:Nasdaq - news - commentary - research) said it expects to earn 32 cents a share in the third quarter, matching the consensus estimate. The company also said same-store sales started to pick up after the terrorist attacks last week. Investors in the extended session pushed Wet Seal up 3.9% to $15.75 and made the stock one of the biggest gainers on Instinet.
Yet today, 9/21, it went substantially south, together with everything eles in the market. I suppose everyone went shopping yesterday and stayed home today. What a way to select a good company to buy into.
WTSLA: Wet Seal, Inc. | Stock Discussion ForumsShare