American Eagle Outfitters Hits 52-Week Low

Filed under: Gap Inc (GPS), Abercrombie and Fitch (ANF), American Eagle Outfitters (AEO)

American Eagle Outfitters (AEO) has hit a 52-week low. American Eagle is a retailer whose colleagues include Abercrombie & Fitch Co. (ANF) and The Gap Inc. (GPS), and it is down well over 3% to $12.15 as I write this during the afternoon trading session. That share price is significant, because the 52-week low on the stock is $12.15 (so far), and the low was made today.



As we all know, 52-week lows are interesting because they could signal that it's time to buy. They're risky, though, because you don't want to be catching falling knives. You have to figure out what's been driving the decline and why you might want to suddenly become a contrarian on the thesis.

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American Eagle Outfitters Hits 52-Week Low originally appeared on BloggingStocks on Fri, 04 Jun 2010 16:00:00 EST. Please see our terms for use of feeds.

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