Alliance Data Rebounds

Shares of Alliance Data Systems (ADS) got off to a terrible start this year. On January 12, ADS got as high as $278.33. By May 3, it was down to $193.87.

Since then, it’s recovered a lot of lost ground. This morning, ADS got up to $236.96. That’s a gain of 22% in a few weeks. The stock is still down for the year, but the rebound has been impressive. ADS is now above its 50- and 200-day moving averages.

Posted by on June 18th, 2018 at 10:30 am


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