American Eagle Outfitters Skyrocketing After Weak December Same-Store-Sales (AEO)

American Eagle Outfitters AEO is now trading sharply higher, despite reporting a weak December same-store-sales report, and lowering guidance for the fourth quarter. American Eagle reported a 11% drop in December sales at stores open a year, and cut its fourth guidance to 41-43 cents, from 43-46 cents per share. At last check, shares of American Eagle were up $1.06 to $15.53, a gain of 7.33%.