Harman International Industries (HAR) reported a first quarter EPS loss of $0.05 after the close Thursday, compared to the consensus estimate of a loss of $0.23.
Harman International Industries gapped up sharply Friday morning, but traded in a range for the majority of the session. The stock closed higher by 4.61 at $37.61 on the highest volume in 3 months. Shares rose past resistance and set a new high for the year.
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