Levi Strauss has surpassed the 80 Relative Strength mark, highlighting the denim leader’s improving technical performance. Investor’s Business Daily notes that this upgrade underscores the company’s rising momentum in the market.

Levi Strauss & Co. has announced the closure of its Hebron, Kentucky, distribution center, leading to layoffs for 346 employees. The move marks a significant impact on the local community and economy.