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Why Party City Stock Had a Party Today

Evan Niu, CFA, The Motley Fool
·2-min read
Why Party City Stock Had a Party Today
Why Party City Stock Had a Party Today

Shares of Party City (NYSE: PRTY) had a party today, up 12% as of 1:45 p.m. EDT, after the company announced that it plans to hire approximately 20,000 temporary workers for the Halloween season. Halloween is the most important time of year for Party City. The retailer said it expects to keep on 10% of those workers after the Halloween season is over.