- Ascena Retail Group (ASNA +5.8%) trades higher on high volume after several investment firms issue positive comments on the company's acquisition of Ann.
- Piper Jaffray and SunTrust both think yesterday's dip in Ascena's share price gives investors a good entry point ahead of the Ann integration which should deliver quick synergies.
- There was volatile trading yesterday on ASNA as it swung 15% swing from top to bottom.
- Previously: Ascena Retail Group acquires Ann (May. 18 2015)
- Previously: Ascena Retail Group higher after strategic Ann deal (May. 18 2015)