PDI Inc. (PDII) reported first quarter net income of $0.14 per share after the close Monday, compared to the loss of $0.02 per share a year ago. The consensus estimate was for a loss of $0.11.
PDI gapped open sharply higher Tuesday, but drifted gradually to the downside for the majority of the session. The stock closed up by 0.94 at $5.00 on the highest volume in 11 months. PDI finished at nearly a 1-month high.
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