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What led to Victoria's Secret shares rising 50% in a single day?
short by Bhawana Chaudhary / on Wednesday, 3 June, 2026
Victoria's Secret shares on Tuesday jumped 50% to a record high. This comes after the company posted net income of $47.7 million in the previous quarter as against $1.6-million loss in the year-ago period. The record gains arrived on the day company's ticker changed from 'VSCO' to 'VSXY', which it described as "sexy has always ​been part of our DNA".
read more at Reuters