|Day Low/High||75.30 / 79.43|
|52 Wk Low/High||49.41 / 90.03|
This action is not at all 'frothy,' which is a common contrary indicator that the bears embrace.
There isn't much technical history for the company that went public in the spring, but what is there is positive for this Jim Cramer fave.
I expect the trading action to remain choppy but there should be some dip buying interest on pullbacks.
The apparel giant appears to have once again filed for bankruptcy protection in Delaware.
And four other things you need to know now.
Housing construction jumped to pre-recession highs and gave homebuilders a boost on Tuesday.
They're all wasted! Aeropostale (ARO) is down more than 9% on earnings and weighing on teen retailers. Teen fashion and retail related names the are in the red: Abercrombie & Fitch (ANF, down 2.0%), Quicksilver (ZQK, down 1.5%), American Apparel (AP...
Here we go. By Bret Jensen The market is slightly up across the board in the first 30 minutes of trading, and the 10-year Treasury yield is approaching 2.65%. Deckers Outdoor (DECK) is nicely up due to an upgrade at Wells Fargo, which now has price ...
American Apparel's embattled founder and CEO Dov Charney was fired. There are three other retail CEOs who could be next on the chopping block.
American Apparel has some big payments coming due, but it lacks both the cash and the borrowing power to make them, and lenders are reluctant to deal with founder Dov Charney because of his past behavior.