Why Abercrombie & Fitch’s Stock Price Is Lagging Despite A Strong Q3?
NEW YORK, NEW YORK – OCTOBER 24: An Abercrombie & Fitch store stands in midtown Manhattan on October … [+]
Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear, fell around 5% on Tuesday, 26th November, as compared to a 0.6% increase in the S&P 500 index. In comparison, ANF’s peer American Eagle Outfitters (NYSE: AEO) has seen its stock down 4% to around $18 on the same day. Notably, though, the decline in the company’s stock comes on the heels of strong…
