Shares of Cabela's (CAB) have pulled back off their best levels of the day but continue to see considerable strength in afternoon trading on Tuesday. After reaching a three-month intraday high, Cabela's is currently up by 7.3 percent.
The initial jump by Cabela's came after the outdoor gear retailer agreed to sell its banking assets to a subsidiary of Synovus Financial (SNV) in connection with its acquisition by Bass Pro Shops.
by RTT Staff Writer
For comments and feedback: email@example.com