Why CPI Card Group Stock Jumped Another 13% Today

For the second day running, shares of now-Nasdaq-listed credit card manufacturer CPI Card Group (NASDAQ:PMTS) stock closed with better than a 10% gain on Wednesday. (To be precise, the stock gained 12.3% today after racking up a 12.8% gain on Tuesday and a positively modest 6.6% gain on Monday.)

In fact, CPI Group has scored gains every single trading day since reporting its second-quarter financial results on Aug. 12 last week — and I suspect that’s no coincidence.

Leave a Reply

Your email address will not be published.