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Destination Maternity Corp. (DEST) Broke Out To A New High On Q1 Results

Destination Maternity Corp. (DEST) reported first quarter adjusted EPS of $0.07 Thursday morning, compared to the loss of $0.05 a year ago.

Destination Maternity gapped open higher Thursday and climbed during the first hour of trade. Shares advanced further late in the afternoon and closed up by 1.74 at $5.19 on the highest volume of the year. The stock surged to a new high for the year.

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