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Barchart
Wajeeh Khan

Sydney Sweeney Just Launched a Meme Rally in American Eagle. Should You Buy AEO Stock Here?

American Eagle (AEO) shares soared as much as 20% on Thursday after the clothing retailer said actress Sydney Sweeney will be the face of its fall campaign. 

Retail investors latched onto the Sweeney news, partly because short interest in the NYSE-listed firm stood at a whopping 13.5% heading into today, making it a prime candidate for short squeeze. 

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