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Abercrombie & Fitch Stock Surges 35% Amid Renewed Investor Confidence

Abercrombie & Fitch Stock Surges 35% Amid Renewed Investor Confidence

Author:

Global Cryptocurrency

Published:

2025-11-25 20:32:02

20

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BTCCSquare news:

Shares of Abercrombie & Fitch (ANF) soared 35% on November 25 as investors rallied behind the beleaguered retailer, betting the worst of its downturn has passed. The stock had plummeted 65% from its June 2024 peak of $186 to a low of $65, battered by slowing growth concerns.

Third-quarter earnings of $2.36 per share outperformed analyst expectations, while $1.29 billion revenue met consensus. A 3% uptick in comparable-store sales and bullish guidance fueled the rebound. Despite the rally, ANF remains down 40% year-to-date—its worst performance since 2016.

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