Reported 1 day ago
American Eagle Outfitters (NYSE:AEO) experienced its sixth consecutive day of decline, dropping 6.97% to $15.76, as investors pivot to higher-yield alternatives like AI stocks. The upcoming ex-dividend date on October 10 could prompt technical buying, with dividends of $0.125 payable on October 29. Despite a slight revenue decrease in Q2, the company anticipates low single-digit growth in sales for Q3 and Q4.
Source: YAHOO