Regional Management Corp. (RM) reported fourth quarter EPS of $0.92 after the bell Tuesday, which included a non-cash net tax benefit of $0.27 per share and a research and development tax credit of $0.03 per share.
Regional Management gapped up at the open Wednesday and climbed for the majority of the session. Shares finished with a gain of 6.41 at $34.01 with volume at a 9-month high. The stock soared to a new high for the year.
by RTT Staff Writer
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