Aeropostale: Buy the Sell-Off or Not?

Fans of Aeropostale ARO must be pretty shaken Friday. And, no, I don't mean fans of the store itself; I'm referring to those who own the stock. This is one scary session for the mall retailer, make no mistake about it. The stock closed Thursday's session at $23.04, which means that it was off by 14%. Volume is very high. On Wednesday, the company reported earnings for the third quarter. According to The Wall Street Journal, Aeropostale made 63 cents per share, but that included a charge of four cents; excluding the latter, it looks as if management beat expectations by a penny. Continue reading the article.
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