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Investor show confidence in Vera Bradley turnaround

Dec. 06, 2017 1:01 PM ETVera Bradley, Inc. (VRA) StockVRABy: Clark Schultz, SA News Editor
  • Vera Bradley (NASDAQ:VRA) is up 29% to trade at its highest level in a month.
  • Jefferies says investors are backing the retailer's shift away from a clearance model to focus on restoring the full price business.
  • The firm is also giving recently appointed Creative Officer Beatrice Mac Cabe credit for sparking a turnaround at Vera.
  • Previously: Vera Bradley higher after earnings (Dec. 6)

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