Urban Outfitters (URBN) jumps on Q2 earnings

Urban Outfitters (NASDAQ: URBN) shares hiked 4.2% to $38.47. The retailer reported second-quarter earnings of 49 cents a share on revenue of $811.3 million late Monday. Sales topped views, but margins narrowed. Share volume was 1.9 million, creeping up on an all-day average of 2.1 million