Trimble Navigation (TRMB) had a gap open this morning after reporting 4Q'13 results. TRMB spiked to a new 52-week high of $35.86 just minutes after stocks started trading. TRMB's strong open took place even though the company stated the following in the 4Q'13 press release.
"While the fourth quarter supports the anticipation of an improved organic growth outlook for 2014, the environment continues to be comparatively uncertain with variations of regional economic performance, continuing deferrals of investment, and continued constrained government funding."
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