Time will tell whether the insider purchases foretell a future rebound for AEO shares, which are presently showing a last trade of $12.71/share, slightly above the new 52-week low.
The teen retailer's announcement that it won't sell itself sent its stock crashing more than 20%.
Companies like Abercrombie & Fitch, L Brands and American Eagle are among the highest-paying dividend stocks in the retail industry.
Gains for tech give Nasdaq a boost.
No one wants to buy its clothes or its assets.
Stocks rise, led higher by the Nasdaq as tech space finds momentum.