Wednesday, December 9, 2009

Five week summary of American Eagle

In the past month American Eagle has been quite volatile. The share price peaked on November 13 between 15 and 16 and dropped on November 20 to 14. It started off ok with the DOW but then dropped hugely. AEO had about the same as competers the Gap and Aeropostale Inc. The share price went up on November 13 because they solid third quatre and they are conifedent about years to come. It dropped on November 15 because of the success of other companies but they rose again on November 20 due to the rise of the retail stocks. I would recommend investing in this company because they had a good third quatre due to the rise of the retail stocks.

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