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Plantronics Inc. (PLT) Leaped To A 3-Month High On Strong Q2 Earnings

Plantronics Inc. (PLT) reported second quarter EPS of $0.80 after the bell Tuesday, down from $0.82 last year. Street expectations were for EPS of $0.66.

Plantronics gapped up sharply Wednesday and climbed during the first 45 minutes of trade. The stock settled into a range for the rest of the session and closed up by 7.03 at $52.39 on the highest volume of the year. Plantronics jumped to a 3-month high and re-crossed its 200-day moving average.

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