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Why Urban Outfitters' Stock Is Rising Today

Why Urban Outfitters' Stock Is Rising Today

Shares of Urban Outfitters (NASDAQ: URBN) were rising on Thursday on growing investor optimism about the recovery of brick-and-mortar retailers as U.S. states continued to lift restrictions on travel. As of 1:45 p.m. EDT, Urban Outfitters' shares were up about 4.2% from Wednesday's closing price. Urban Outfitters' shares didn't appear to be moving on any news or issues specific to the company.