Winn-Dixie Stores (WINN) saw a nearly 13% rise on Wednesday after a Friedman, Billings, Ramsey analyst upgraded the stock to an Outperform rating and increased her price target to $20. The stock gapped open higher and continued to rise on heavy volume for the first 30 minutes of the day. The stock maintained most of its gain through the remainder of the day to close at $17.49 up $1.99.
With the gain, the stock reversed a recent downtrend, crossing its 50-day moving average and testing its 200-day moving average. The stock closed at a three week high.
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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.