The Traderszone Network

Published in TZ Latest News 20 April, 2016 by The TZ Newswire Staff

Performance Foods Breaks Out Of Base

Performance Food Group (PFGC) broke out of a base Wednesday, but volume was below average.

The only announcement from the company before the open was that it would report fiscal Q3 results on the morning of May 4.

The stock came public Oct. 1 with an offering price of 19. It is the third base the stock has formed since then. The others have not led to significant gains. The stock rose Wednesday 0.93 to close at 25.74.

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