Open Text Corp. Has Surged To A New High Following Q2 Report

Open Text Corp. (OTEX) reported second quarter EPS of $0.87 after the bell Wednesday, which exceeded the consensus estimate of $0.70.

Open Text Corp. gapped open sharply higher Thursday and is now up 4.30 at $44.85 on above average volume. The stock has broken out past resistance to set a new high for the year.

by RTTNews Staff Writer

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