"Tiffany & Co. (TIF) climbed 5.1 percent to $60.22. The world?s second-largest luxury jewelry retailer reported a 29 percent gain in fourth-quarter profit as sales exceeded analyst estimates during the holiday season."
So the share price is just adjusting to reflect the dividend. Next move will be a return to market fundamentals.
ORL Price at posting:
$7.76 Sentiment: None Disclosure: Held