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 higher Thursday, but traded in a range for the majority of the session. Shares finished up by $2.88 at $43.43 on the highest volume in 9 months. The stock rose above resistance and set a new high for the year.
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