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Coldwater Creek gets a nice stock price bump, up 17 percent to $5.72

Just in time for the holidays, we spotted a nice Friday afternoon pop for Coldwater Creek's stock price, on the Nasdaq.

A few months ago the company had to do a reverse-split to keep the price per share above $1. When it did that, its recalculated price came to about $3.89 or so.

Today it rose to $5.72, up 17 percent from Thursday's closing price.

Recent announcements that might have helped the Sandpoint women's fashion retailer is a third quarter report that showed it's trimmed losses, and the announcement this week that a new CEO will take over in January for co-founder Dennis Pence.

Things are picking up stock-wise. Friday's trade volume was 412,519 shares, compared with a recent average volume of  211,332 shares.

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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.





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