
Abercrombie & Fitch's Stock Has Mysteriously Skyrocketed 13% in One Month
Abercrombie & Fitch shares make an interesting move to the upside over the last month.
Sexy is...Abercrombie & Fitch's (ANF) - Get Report stock price the last month.
Shares of the apparel retailer have soared 13% over the past month on no real news. The company is scheduled to report second quarter earnings on Aug. 30.
Abercrombie & Fitch declined to comment on the stock's recent movement to TheStreet.
The stock has exploded 201% during the past year on signs of a sales improvement at the core Abercrombie & Fitch business and sustained strength at Hollister.
Abercrombie & Fitch CEO Fran Horowitz discussed the company's reboot with TheStreet in April (video below). At the time, Horowitz was fresh off presenting her long-term vision for the company to Wall Street.
Looks like it paid off.