Why American Eagle Stock Soared Today

It's been a whole trading week since the last time American Eagle Outfitters (NYSE: AEO) investors had reason to be happy, with five straight days of nothing but falling share prices. But today that all changed.

On the day before American Eagle reports its first-quarter financial results, it finally caught an updraft, and as of 12:40 p.m. ET it's soaring 10.4% higher.

Image source: Getty Images.

Continue reading


Source Fool.com