Mall stocks open with a thud

|By:, SA News Editor

Specialty retailers commonly found at the mall are getting hit hard by a profit warning from American Eagle Outfitters (AEO -15.3%).

The overall tone is that U.S. consumers will tighten spending in H2.

Decliners: BKE -2%, ANF -5.4%, WTSL -1.8%, ZUMZ -1.7%, GPS -1.9%, URBN -2.6%, GES -2.5%, PSUN -4.4%, EXPR -2.5%, ARO -6.3%.