Its shares were delisted by the New York Stock Exchange last month, after they were trading for 15 cents. Aeropostale’s stock hit an all-time high of $32.24 in 2010. Since the Great Recession, many teen chains have suffered because of …
Friedman Billings Ramsey downgraded Aeropostale Inc ARO.N to “market perform” from “outperform,” saying challenging macroeconomic environment and tougher compares will keep the stock from rising above the brokerage’s $28 price target.
For the year, the company took a loss of $206.5 million, or $2.62 per share, and its revenue totaled $1.84 billion. Aeropostale stock dropped 6.8 percent to $3.70 on Thursday. A year ago, they were trading at $7.25. The shares lost …
Its shares were delisted by the New York Stock Exchange last month, after they were trading for 15 cents. Aeropostale's stock hit an all-time high of $32.24 in 2010. Since the Great Recession, many teen chains have suffered because of …
Sycamore Partners, no stranger to retailers, is shopping for Aeropostale Inc. The private-equity fund is somewhat of a hybrid activist fund. On Tuesday it said it is holding about 8% of the teen retailer and would consider just about …
Shares of Aeropostale Inc (NYSE:ARO) opened at $3.62 on Friday, May 23. The company has a 1-year high of $15.73 and a 1-year low of $3.37. The stock’s daily moving average is $3.64 and has a 50-day moving average of $52.20. The …
The chain is trying to reconnect with its teen base and reestablish its relevancy. Aéropostale’s jump easily outpaced the WWD Global Stock Tracker, which gained 0.8 percent to $99.70. The chain is not part of the 100-company measure of …
Aeropostale ... 17% on Tuesday after private equity firm Sycamore Partners reported it has taken an 8% stake in the teen retailer. Sycamore said it bought 6.25 million shares of Aeropostale at a cost of $54 million because the stock is …
CLEVELAND, Ohio - Aeropostale has filed for Chapter 11 bankruptcy and will ... Aeropostale has sunk in popularity with the cool kids. The company's stock was delisted form the New York Stock Exchange last month. Liquidation sales at …
... that the New York Stock Exchange was commencing proceedings to delist its stock because of an "abnormally low" trading price and that trading was suspended. Aeropostale said at the time that it did not intend to appeal the delisting …