L Brands, Inc. (LB) is currently at $31.22, up $2.70 or 9.47%

 

-- Would be highest close since Aug. 22, 2018, when it closed at $32.49

-- On pace for largest percent increase since April 6, 2017, when it rose 11.02%

-- Earlier Thursday, L Brands said it will pursue all alternatives for its La Senza lingerie and intimate-apparel chain as it focuses on its larger core businesses. L Brands said it expects La Senza to post an operating loss of $40 million on revenue of about $250 million in 2018

-- Snaps a two-day losing streak

-- Up 3.04% month-to-date

-- Down 48.16% year-to-date; on pace for worst year on record (Based on available data back to June 10, 1982)

-- Down 24.64% from 52 weeks ago (Oct. 12, 2017), when it closed at $41.43

-- Up 19.48% from its 52 week closing low of $26.13 on Sept. 4, 2018

-- Traded as high as $32.42; highest intraday level since Aug. 22, 2018, when it hit $32.99

-- Up 13.67% at today's intraday high; largest intraday percent increase since Aug. 6, 2009, when it rose as much as 15.78%

-- Best performer in the S&P 500 today

 

All data as of 11:16:20 AM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 11, 2018 11:42 ET (15:42 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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