Rocky Brands (Nasdaq: RCKY) Up after Posting Second Quarter Profit
After posting second quarter results yesterday, Rocky Brands (Nasdaq: RCKY) shares were up 9% to $8.00 on heavy volume. Posting profits and blowing away analysts estimates tend to have a positive effect on companies’ share price. Analysts actually projected a loss of ($0.10) per share, where RCKY posted a profit of $0.08 per share. For [...]