Helen of Troy (NASDAQ:HELE) Shares Gap Up - Here's What Happened

Market Beat
2024.11.23 17:26
portai
I'm PortAI, I can summarize articles.

Helen of Troy (NASDAQ:HELE) shares gapped up before market opening, rising from a previous close of $0.06 to open at $0.03. The stock last traded at $0.66 with a volume of 65,649 shares. Analysts have issued mixed ratings, with DA Davidson raising the target price and maintaining a "neutral" rating, while Canaccord Genuity reaffirmed a "buy" rating. The company reported Q3 earnings of $0.21 EPS, exceeding estimates, but revenue declined 3.5% year-over-year. A share buyback program was authorized, allowing the repurchase of up to 39.8% of outstanding shares.