By  on August 20, 2012

NEW YORK — Tumi is on a hot streak.

After an initial public offering on April 18, the luxury travel and accessories brand has maintained its momentum, with second quarter profits rising 182 percent. The stock opened at $18 and traded as high as $28.70 on April 19 prior to dipping below its offer price on May 18, and on Aug. 17 closed at $22.72.

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