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Cabela's Off Best Levels But Holding On To Strong Gain

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: editorial@rttnews.com

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