(Reuters) - Struggling teen apparel retailer Aeropostale ... Established by R.H. Macy’s & Co in the early 1980s, Aeropostale made its stock market debut in 2002 but the New York Stock Exchange delisted the shares in April. The …
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 …
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 …
Aeropostale Inc. is considering a reverse stock split in order to return to New York Stock Exchange compliance after 30 consecutive trading days in which its stock has fallen below $1. The retailer disclosed Tuesday that it received notice of …
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Just a day after in-the-know sources revealed that teen-clothing retailer Aeropostale was headed for bankruptcy, the company was delisted from the New York Stock Exchange. Aeropostale confirmed on Friday that it had received …
http://www.prnewswire.com/news-releases/aeropostale-announces-suspension-of-trading-on-nyse-common-stock-to …
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 …