Tilly's Stock Surges After Powell Remarks

Tilly's stock price skyrocketed 11% after Jerome Powell hinted at potential interest rate cuts, fueling a market-wide rally. Despite the surge, Tilly's remains 70% below its peak, highlighting the impact of inflation and consumer spending shifts on retail stocks. Discover how economic news, not company performance, drove this dramatic rebound and what investors should watch for next. Hosted on Acast. See acast.com/privacy for more information.