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October sales fall way short at Aeropostale (ARO) |
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| Nov 05, 2009 06:30 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Major movement, Bad news, Options, Technical Analysis  Aeropostale (NYSE: ARO - option chain) stock is trading lower today after the company reported its same-store sales rose 3.0 percent in October, well below analysts' forecasts of 13.8 percent. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on GE.This morning, ARO opened at $34.50. So far today the stock has hit a high of $37.27 and a low of $32.05. As of 11:55, ARO is trading at $32.68, down $5.35 (-14.1%). The chart for ARO looks bullish and S&P gives ARO a positive 4 STARS (out of 5) buy ranking. Continue reading October sales fall way short at Aeropostale (ARO) October sales fall way short at Aeropostale (ARO) originally appeared on BloggingStocks on Thu, 05 Nov 2009 13:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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