CBK Soars On Strong Q1 Results

Shares of Christopher & Banks Corporation CBK soared after the company reported a sharp rise in its Q1 net income. The women's clothing retailer reported better-than-expected Q1 net income, as revenue jumped due to higher sales of full-priced items. The Plymouth, Minnesota-based company said that its revenue for the quarter grew 5%. CBK’s shares surged 17.93% to $7.30 at 1:23 pm. Read more from Benzinga's Company news.