Petsmart (PETM) stock price today - PETM quote

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( ) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 0.9%. By the end of trading, PetSmart rose 77 cents (1.2%) to $66.04 on average volume. Throughout the day, 1.5 million shares of PetSmart exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in a price between $65.60-$66.46 after having opened the day at $65.60 as compared to the previous trading day's close of $65.27. Other companies within the Specialty Retail industry that increased today were: ( ), up 5.8%, ( ), up 4.8%, ( ), up 4.1%, and ( ), up 3.5%.
PETM Stock Quote - PetSmart, Inc. Stock Price Today
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PetSmart investors face very different prospects than those in the Candy Crush maker. While the contrasts between the two businesses couldn't be clearer to begin with, PetSmart stock dishes out a 1.4% dividend to King Digital's 0%, and PetSmart investors are pushing for the company to actually go private months after the app-maker went public. This recent push drove shares 12.5% higher on Thursday and 2.5% higher today, as two institutional investors who own nearly 20% of the retailer have now suggested that the board of directors seek a private equity sale, which they feel could fetch a premium to the current stock price. PetSmart itself deflected on the issue, vowing to return more capital to shareholders, something that its 18% dividend payout ratio suggests should be possible. Petsmart (PETM) stock price today - PETM quote
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Photo provided by FlickrPETM Stock Quote - PetSmart, Inc. Stock Price Today
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By 1997, Phoenix-based PetsMart had expanded to 348 superstores from just two nine years earlier. (Today, the company runs 558 stores in the U.S. and U.K.) Sales in fiscal '97 totaled $1.5 billion, up from $369 million in '94, the company's first year as a public entity. From its July 1993 IPO, the stock appreciated 196% to 29 7/8 by September 1996. But it hasn't seen those lofty levels since, closing Friday at 10, up 7/32, not much higher than the IPO price.( ) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 0.9%. By the end of trading, PetSmart rose 82 cents (1.2%) to $69.39 on average volume. Throughout the day, 1.1 million shares of PetSmart exchanged hands as compared to its average daily volume of 919,500 shares. The stock ranged in a price between $68.37-$69.71 after having opened the day at $68.63 as compared to the previous trading day's close of $68.57. Other companies within the Specialty Retail industry that increased today were: ( ), up 42.2%, ( ), up 11%, ( ), up 4.9%, and ( ), up 4.7%.( ) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 0.2%. By the end of trading, PetSmart fell 79 cents (-1.2%) to $65.20 on light volume. Throughout the day, 882,452 shares of PetSmart exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in price between $64.84-$66.32 after having opened the day at $66.32 as compared to the previous trading day's close of $65.99. Other companies within the Specialty Retail industry that declined today were: ( ), down 6.9%, ( ), down 6.8%, ( ), down 4.5%, and ( ), down 3.4%.Pet supply retailer PETsMART issued a strong fourth-quarter and year-end report today. But investors just sniffed at the shares, and apparently found little to get excited about as the stock price stayed about flat along with the rest of the market.