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Shares of Traeger (
NYSE:COOK)
rose as much as 11.1% on Monday, hitting a new high for the year, before pairing gains.
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The company's shares are on track to close up 3-5% if current levels hold. The stock closed
+1% at $3.05 on Friday.
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More than 352k COOK shares changed hands by 1:06 pm ET in New York trading, 1.3x its 30-day moving average.
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COOK has a "Buy" rating from Wall Street analysts and Seeking Alpha Quant ratings. SA analysts, on average, have rated the stock "Hold." The company has a market cap of $394.87M.
- COOK shares have risen over 17% in value year-to-date, while the benchmark S&P index (SP500) has also climbed nearly 17% for the same duration.