$GES- DD, From underappreciated to Worthy Purchase
Posted: Apr 09, 2024
- Financials: GUESS beat earnings expectations, resulting in a 20% increase in stock price - Special Dividend: GUESS announced a special dividend of $2.25 per share and a $200 million buyback to benefit investors - Short Squeeze: CEO aims to squeeze short sellers by buying back shares, potentially driving up stock price - Recommendation: Despite doubts, GUESS is seen as a good investment compared to other clothing brands, especially before April 17th for special dividend
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