La-Z-Boy Inc. (LZB) has seen a steady climb over the course of the session and has reached a one month intraday high in mid-afternoon trading. The stock is currently up by $1.94 or 27 percent to $9.12 on its strongest volume in three months, while also moving above its 50 day moving average.
The gain has come after the firm's second quarter revenues bested analyst estimates by a notable margin.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.