GSI Commerce Set New High For Year

GSI Commerce Inc. (GSIC) reported a second quarter net loss of $0.27 per share after the close Wednesday, compared to a loss of $0.43 in the prior year.

GSI Commerce Inc. gapped open higher Thursday and climbed during the first half hour of trade. Shares advanced further in the early portion of the afternoon and closed up by $2.07 at $18.31 on above average volume. The stock broke out past resistance and set a new high for the year.

by RTTNews Staff Writer

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