Unifi Inc.’s stock jumped 10.9 percent on Monday and the Greensboro, N.C.-based yarn manufacturer said its “policy is not to comment on unusual market activity.”
The stock of Unifi, one of the few remaining publicly traded U.S. textile firms, rose $1.26 to close at $12.86 on the New York Stock Exchange, reaching a high of $13 in late-day trading before falling back slightly. The generally lightly traded stock saw 73,716 shares traded compared with its daily average of 29,337.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"