Reasons for the skyrocketing of Smith Barney's clothing

Equity pledge cancellation, clothing+new retail, etc.

1. Release of equity pledge: Equity pledge means that shareholders borrow or finance with their equity as collateral. The company successfully released the equity pledge, released the mortgage on the company's equity, and increased investors' confidence in the company. Investors' confidence in the company will increase, which will lead to a rise in the stock price.

2. Clothing+new retail: Smith Barney combines the model of clothing and new retail. This combination can bring more growth and profit opportunities for the company. Through innovative sales channels and online and offline integration, Smith Barney can better meet the needs of consumers and increase sales and market share. This growth potential has attracted the interest of investors and pushed the stock price up.