Saks Stock Up 6.8 Percent Wednesday

S&P Retail Index dipped 0.3 percent Wednesday, but J.P. Morgan was bullish on luxe retailer Saks Fifth Avenue, lifting the company's stock.

By Evan Clark

financial/news

Shares of Saks Inc. kicked off the second half in style, rising 6.8 percent to $4.73 Wednesday as retailers were generally on the wane.

Things looked bright for Saks from the start, with...

Saks Stock Up 6.8 Percent Wednesday

S&P Retail Index dipped 0.3 percent Wednesday, but J.P. Morgan was bullish on luxe retailer Saks Fifth Avenue, lifting the company's stock.

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