BONT Stock

The Bon-Ton Stores, Inc. is a department store operator, was given a strongly bullish three day rating by the I Know First stock-trading algorithm, on November 20^th, 2015. Amazingly, by November 23^th, the stock had risen by an astounding 47.12%!

The cause of this huge rise was because Bon-Ton Stores  the retailer announced its Black Friday and Cyber Monday sales.

Last week, Bon-Ton CEO Kathryn Bufano said the company was pursuing changes to drive process improvements. Bon-Ton stock has fallen about 75% year-to-date.So far today, 1.37 million shares of Bon-Ton have traded, versus its 30-day average of about 288,000 shares.

The Bon-Ton Stores, Inc. the Company offers a range of brand-name fashion apparel and accessories for women, men and children. It operates approximately 270 stores in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates, encompassing a total of approximately 25 million square feet.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.