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.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)