American Eagle Gains, Tesla Falls, Chipotle Sinks on Sales Forecast
On this episode of Stock Movers:
- American Eagle (AEO) shares gain after the apparel retailer announced a campaign headlined by actress Sydney Sweeney. The campaign was announced during the trading day on Wednesday; shares closed up 6.2%
- Tesla (TSLA) shares fall after Elon Musk warned of difficult times ahead for Tesla Inc. following one of the carmaker’s worst stretches since it first started producing electric sedans over a dozen years ago.
- Chipotle (CMG) shares sink. The restaurant chain cut its full-year outlook for the second time this year. Analysts note that a weaker comparable store sales in the quarter pressured its full-year sales outlook.
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