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MarketBeat
MarketBeat
Business
Gabriel Osorio-Mazilli

Why the American Eagle Stock Rally Isn't Just Speculation

American Eagle MarketBeat

Most investors are familiar with the term “meme mania”, where companies with dubious fundamentals rally as if there were several strong fundamental reasons to push any given stock to new market capitalizations. Ultimately, there are no solid foundations to sustain these prices and valuations.

In today’s all-time high S&P 500 index, there are a few new waves of this so-called mania rally.

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