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Citi Trends (CTRN) Jumped To Over A 2-Month High On Q4 Results

Citi Trends (CTRN) reported fourth quarter adjusted EPS of $0.50 Friday morning.

The company also announced that its acting Chief Executive Officer, Bruce Smith, has been promoted to serve as the permanent CEO.

Citi Trends gapped open higher Friday and posted gains in early trade, before settling into a range. The stock closed up by 3.10 at $26.47 on the highest volume of the year. Citi Trends broke out to over a 2-month high.

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