Sunglass Hut International Inc. stock has been rising faster this week, and today in particular, than any celestial body normally does. Today alone, the $270 million market cap retailer’s stock, at last glance, was up 29% on heavy volume, to $6.75 per share. Just Monday, the company’s chief executive officer, John Watson, jumped ship. And at least one analyst believes that the company could see a takeout.
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