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Benzinga
Benzinga
Business
Avi Kapoor

Why American Eagle Shares Are Trading Higher By Around 23%; Here Are 20 Stocks Moving Premarket

American Eagle
American Eagle

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results.

American Eagle reported second-quarter revenue of $1.28 billion, beating analyst estimates of $1.24 billion, according to Benzinga Pro. The company reported second-quarter earnings of 45 cents per share, beating estimates of 20 cents per share.

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