La-Z-Boy Inc. (LZB) has seen a steady climb over the course of the session and has reached a one month intraday high in mid-afternoon trading. The stock is currently up by $1.94 or 27 percent to $9.12 on its strongest volume in three months, while also moving above its 50 day moving average.
The gain has come after the firm's second quarter revenues bested analyst estimates by a notable margin.
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