Tuesday, August 4, 2009

Whole Foods Heads To New Valuations (WFMI)

Whole Foods Market, Inc. (NASDAQ: WFMI) is soaring after it beat earnings estimates, despite it maintaining very conservative guidance.  At 4:49 PM EST we have shares trading up 13% to new 52-week highs at $28.00.  We have also seen nearly 1.1 million shares trade hands since the 4:00 PM Closing Bell.

FULL Earnings Details…. Stay tuned, unless they sat on really bad news this will be one to watch tomorrow after the valuation gathering fights the momentum crowd.

JON OGG


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