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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Sydney Sweeney Sends American Eagle Stock Soaring During After Hours Trading — Meme Stock Buzz Builds

Sydney Sweeney American Eagle Donald Trump
Sydney,Sweeney,At,The,Lacma,Art+film,Gala,Presented,By,Gucci

American Eagle Outfitters Inc. (NYSE:AEO) stock jumped 23.84% in after-hours trading on Wednesday, reaching $13.40 following the launch of a new advertising campaign featuring actress Sydney Sweeney.

The surge adds to speculation that the apparel retailer could become the latest target in the ongoing meme stock phenomenon.

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