Pre-market surge of 38%! Victoria's Secret (VSXY.US) has raised its full-year performance guidance, with a 19% high short interest ratio potentially igniting a short squeeze feast.
Wisdom Finance APP noticed that after Victoria's Secret (VSXY.US) announced profits exceeding expectations and raised performance outlook, the company's stock price surged in pre-market trading, further indicating that CEO Hillary Huper's transformation plan is making progress. The financial report shows that the company's revenue reached $1.56 billion, a year-on-year increase of 15.6%, exceeding expectations by $40 million; adjusted earnings per share were $0.60, exceeding expectations of $0.28.
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