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Gap and American Eagle Shares Tumble on Weak Outlook
Shares of Gap and American Eagle tumbled after both retailers issued cautious second-quarter outlooks, overshadowing their solid first-quarter results. Investors were not reassured by the companies' forecasts, leading to significant stock declines.
29 May, 08:58 — 29 May, 13:40
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (56/100)4 sources30/33
Spectrum spread— 3/5 buckets covered17/33
Far L
Left1
Left (1)
Yahoo
Center2
Center (2)
Reutersmarketwatch
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 2 regions9/34
US3Intl1
Sources
Showing 3 of 4 sources
ReutersVery High5d ago
Gap, American Eagle fall as brand troubles weaken annual forecasts - Reuters
Gap, American Eagle fall as brand troubles weaken annual forecasts Reuters
Read full article →marketwatchMostly Factual5d ago
Gap and American Eagle stock are both getting crushed, and neither retailer is blaming the economy
For two retailers that both saw their stock slide by a double-digit percentage after earnings, what may be most surprising is that executives at both Gap and American Eagle Outfitters say nothing is wrong with the economy.
By Steve Goldstein
Read full article →seeking-alphaMixed5d ago
Gap, American Eagle stumble as fashion miscues dress down Q1 results
Read full article →Coverage Timeline
First report: marketwatch · 29 May, 08:58|Full coverage: 4 · 6h|Window: 6h
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