Why American Eagle Stock Went Flying Monday
American Eagle (NYSE: AEO) stock is flying higher to start off the week -- partly because of you-know-what, the new ad campaign featuring A-list actress Sydney Sweeney and her "Great Jeans" -- but also for another, related reason.
Image source: Getty Images.
In a post on Truth Social this morning, President Trump praised the ad campaign and declared AE's jeans are now "flying off the shelves." Investors are taking their cue from the president, making the same thing happen with American Eagle stock, which is up an astonishing 19% through 12:35 p.m. ET.
Source Fool.com