Here's Why Abercrombie & Fitch Stock Went Up Today
Shares of apparel company Abercrombie & Fitch (NYSE: ANF) surged higher on Thursday, after the company announced financial results for the second quarter of 2020. The company beat very low expectations from analysts on the top and bottom lines, and even turned in a surprising net profit.
Investors feared the worst and are relieved with today's news. As of 12:45 p.m. EDT, Abercrombie & Fitch stock was up 10% for the session.
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Source Fool.com
