URBN Urban Outfitters Inc.

🔔Mid Day Trading Update🔔 📅Tuesday 10/01/2023📅 🟢Bullish Activity🟢 $OSH Gapping up to a four month high this morning after Bloomberg News reported that drugstore operator $CVS is in talks to potentially acquire the healthcare provider. However, the report noted that the deal terms are unknown and any discussion about a potential deal could ultimately fail. The company said that it expects fiscal-year 2022 revenue to be at least $2.155B above the $2.15B consensus and expects fiscal-year 2023 revenue to come in a range of $3.00-3.15B compared to the $3.06B consensus. The January 20th 25.00 put being the highest volume contract. $URBN Also to the upside after the retailer reported record holiday sales yesterday after the bell. The company said that net sales for the two months ended December 31st, 2022 increased 2.3% compared to the two months ended December 31st, 2021. Today’s around 8% move higher puts shares above the 50 day SMA of $25.86. The January 13th 25.00 put being the h