Home Inns & Hotels Management Broke Out To New High For Year Tuesday

Home Inns & Hotels Management (HMIN) reported third quarter adjusted earnings per ADS of $0.31 after the close Monday, with revenues of $106.56 million.

Home Inns & Hotels Management gapped up Tuesday and climbed during the first half hour of trade. The stock was range-bound for the remainder of the session and closed up by $3.44 at $36.33 on the highest volume of the year. Shares have been rising for over a week and broke out to a new high for the year.

by RTTNews Staff Writer

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