American Eagle Outfitters Shares Fall After Fiscal Q3 Results, Downgrade From J.P. Morgan

MT Newswires Live

2024/12/06

American Eagle Outfitters (AEO) shares retreated more than 13% in recent trading Thursday, a day after reporting that its earnings and revenue fell year over year in fiscal Q3.

J.P. Morgan also downgraded its stock on Thursday to neutral from overweight and cut the price target to $23 from $27.

Trading volume stood at 11.8 million shares, against a daily average of about 4.3 million.

Price: 17.77, Change: -2.77, Percent Change: -13.49

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Morgan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-12-06 02:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> American Eagle Outfitters (AEO) shares retreated more than 13% in recent trading Thursday, a day after reporting that its earnings and revenue fell year over year in fiscal Q3.</p><p>J.P. 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