Why American Eagle Outfitters Stock Was Soaring Today
Shares of American Eagle Outfitters (NYSE: AEO) were climbing up the charts today as the teen-focused apparel retailer posted better-than-expected results in its second-quarter earnings report, fueled by recent marketing campaigns with Sydney Sweeney and Travis Kelce.
After a weak first half, its guidance also called for the business to return to growth in the second half of the year.
As of 9:50 a.m. ET, the stock was up 28.4% on the news.
Source Fool.com
