NYSE:AEO - New York Stock Exchange, Inc. - US02553E1064 - Common Stock
Many stocks flashed buy signals as the major indexes rose to or above key levels.
American Eagle has gotten torched over the last six months - since July 2024, its stock price has dropped 23.5% to $15.68 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
American Eagle has gotten torched over the last six months - since July 2024, its stock price has dropped 23.5% to $15.68 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Retail sentiment on Stocktwits turned ‘extremely bearish’ from ‘neutral’ a week ago
American Eagle shares gained after announcing a low single-digit comparable sales increase for fourth quarter-to-date, surpassing expectations.
Urban Outfitters and American Eagle also reported holiday sales.
The crypto bulls were right. Bitcoin's market cap is now about the size of Alphabet's.
Salesforce and mostly positive tech earnings buoyed the major indexes.
Shares of young adult apparel retailer American Eagle Outfitters (NYSE:AEO) fell 16.3% in the morning session after the company reported disappointing third-quarter earnings. Revenue and gross margin missed in the quarter. The real bad news was the guidance, though. The company expects same-store sales and operating profit well below Wall Street's estimates for the all-important holiday quarter. Overall, this was a weaker quarter.