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Ritchie Bros. Auctioneers (RBA) Has Broken Out To A New High On Q2 Results

Ritchie Bros. Auctioneers (RBA) reported second quarter EPS of $0.42 after the close Thursday, up from $0.33 in the prior year.

Ritchie Bros. Auctioneers gapped open higher Friday and has risen sharply in early trade. Shares are now up 3.63 at $38.43. The stock has broken out past resistance and has set a new high for the year.

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