Torrid Shares Surge on Market Optimism

Torrid Holdings shares surged nearly four percent today, buoyed by weaker-than-expected inflation data and hopes for lower interest rates. The markets positive sentiment also boosted by a recent deal in the inclusive clothing sector. Despite todays gain, shares are still down nearly eighty percent this year, trading at one dollar and twelve cents per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.