Tuesday Morning Co. (OTCMKTS:TUESQ – Get Free Report) shot up 4.9% on Thursday. The company traded as high as $1.94 and last traded at $1.91. 155,600 shares traded hands during trading, a decline of 47% from the average daily volume of 296,336 shares. The stock had previously closed at $1.82.
Tuesday Morning Stock Performance
The company’s 50 day moving average price is $1.91 and its 200-day moving average price is $1.91.
Tuesday Morning Company Profile
Tuesday Morning Corporation was an American off-price retailer specializing in home goods and related merchandise. Its stores offered discounted furniture, home décor, rugs, bedding, bath products, kitchenware, tabletop items, gifts and seasonal merchandise sourced from manufacturers, distributors and other vendors.
Founded in Dallas, Texas, in 1974, the company served customers through a network of closeout and specialty retail stores across the United States. Tuesday Morning focused on offering branded and designer-oriented products at prices below those typically found at traditional retailers, with merchandise and store selections changing frequently.
The company filed for bankruptcy protection in 2020 and subsequently reorganized.
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