Genesco Inc. (GCO: Quote) traded to the downside until mid-afternoon Thursday, but settled into a range for the remainder of the day. The stock closed lower by 1.46 at $50.63 on above average volume.
Genesco has been pulling back from its 50-day moving average for the last 2 weeks and closed at its second consecutive new low for the year.
by RTT Staff Writer
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