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Small cap to watch: What to look for when Roots releases its holiday earnings on Thursday

Small cap to watch: This Canadian retailer is up 400% in a year - and could see big moves Thursday Published April 7, 2021 Investors in Roots Corp. (ROOT-T) are waiting to see what kind of holiday season the Canadian retailer had amid pandemic lockdowns in key markets when its fourth-quarter earnings are released on Thursday. The results, expected before the market opens, could move the stock, which has soared by more than 400 per cent since hitting its all-time low of 62 cents a year ago. Roots shares were pummelled by the initial pandemic closures last spring, alongside other brick-and-mortar retailers. Shares of the iconic retailer, which went public in Oct. 2017 at $12 per share, were trading around $3.25 on the Toronto Stock Exchange mid-day Wednesday, an increase of more than 55 per cent year-to-date. The stock is down from highs above $13 in the spring of 2018.

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