The Traderszone Network

Published in TZ Latest News 10 July, 2015 by The TZ Newswire Staff

Blackhawk Trades Tightly After Clearing Entry

Blackhawk Network (HAWK) has been trading tightly since breaking out last month. The constructive price action could result in a secondary entry for the finance-sector leader. The Pleasanton, Calif.-based operation sees most of its revenue from prepaid gift cards sold in special displays at more than 200,000 stores — primarily large grocery chains. Blackhawk was spun off from grocery chain Safeway in April 2013.

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