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September 01, 2020 10:18am
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American Eagle Gets Plucked Despite Earnings Beat

Sometimes a blowout earnings report just isn’t enough. Ask American Eagle Outfitters (AEO). With 30 minutes to go before the closing bell, the teen retailer, and rival to the like of Abercrombie & Fitch (ANF) and Aeropostale (ARO), sank 7% to trade at a recent $17 as disappointment over sales forecasts for the current quarter […]
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