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PetSmart Gapping Up Wednesday

Here is a stock that gapped up today with opening prices significantly higher than the close on the previous trading day:

  • PetSmart (NASDAQ:PETM) gapped up today, opening at $61.32 after closing the previous trading session at $55.62. Trading at a volume of 1.4 million, the stock price is up 10%. Share price rose over the last three months, now up $6.09 (11.1%) from $55.07 on February 27, 2012. The stock has moved up across its 50-day moving average of $57.04 today.