Surprising Strength In American Eagle Today (AEO)

Retail analyst Brian Sozzi has noticed the surprising strength in shares of American Eagle AEO today, as it severely outperforms its peers. Sozzi tweeted that the teen retailer has been strengthening into the close, and on strong volume as well. Shares are gaining 5.95% today, a gain of 80 cents to $14.25. American Eagle has traded over 6 million shares today with just under 2 hours left to go in the regular session. The average daily volume for American Eagle is just over 5.2 million shares. American Eagle has been mentioned by some on Wall Street as a potential acquisition target by private equity, so it is interesting to note the strength in American Eagle today, compared to Abercrombie & Fitch ANF and Pacific Sunwear PSUN, two of its competitors. American Eagle Outfitters, Inc. operates as an apparel and accessories retailer in the United States and Canada. The company offers denim wear, sweaters, graphic t-shirts, fleece, outerwear, and accessories targeting 15 to 25 year old girls and guys.