Mall retailer stocks get moving in the right direction

Some out-of-favor teen retailers are staging a comeback of sorts today - led by Aeropostale (ARO +7.1%), Wet Seal (WTSL +3.9%), and Abercrombie & Fitch (ANF +3.3%). Tilly's (TLYS +3.6%) and Buckle (BKE +2.3%) are also in on the action.

There are some channel checks out indicating a pick-up in traffic at malls, although today's move looks to be led by momentum.

The rush back into mall some retailers is helping to give a lift to the S&P Retail ETF (XRT).

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  • stuck
    , contributor
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    It is just a run up by the hedge fund owners prior to them announcing dismal numbers for the quarters. ANYONE that has been to a mall lately know that the teen retailer stores are empty and the down turn is led by the struggling Abercrombie and Fitch. This is not a is manipulation prior to an ugly future.
    12 May 2014, 03:01 PM Reply Like
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