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Tuesday, August 30, 2011

The Stock for Today: Hot Topic Inc. HOTT

Hot Topic Inc. (HOTT), together with its subsidiaries, operates as a mall- and Web- based specialty retailer in the United States. The company operates Hot Topic and Torrid store concepts, as well as an e-space music discovery concept, ShockHound.
This stock made a major breakout yesterday. Closed at US$ 8.60, up 5.78%. Its volume was 1.03M of shares, higher the 743K that are traded daily. As show in the following chart, HOTT is recovering sharply in August after having fallen to the level of SMA200 days. Please click on the chart to enlarge.




Source: Yahoo finance/The Market Trust.

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