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Why American Eagle Stock Rose 31% Last Month

TheMotleyFool

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Why American Eagle Stock Rose 31% Last MonthPhoto, wide shot, wide-angle lens, Toy manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.theapi.app/temp/2788fcd3-d339-4592-8f5c-a3b9125dc61f.png

Shares of American Eagle Outfitters (NYSE: AEO) jumped in November as the teen-focused apparel retailer reassured investors with a solid earnings report. It was also buoyed by positive vaccine news. According to data from S&P Global Market Intelligence, the stock finished last month up 31%.

As you can see from the chart below, the stock's gains came consistently over the course of the month.