- Aeropostale (NYSE:ARO) dives 27.7% to $0.151 with Bloomberg reporting that a bankruptcy could be filed by the company as soon as this month.
- Sources say Aeropostale wants to reorganize with a Chapter 11 filing.
- Mall retailer peers Abercrombie & Fitch (ANF -2.2%), Express (EXPR -2.9%), Tilly's (TLYS -2%), and American Eagle Outfitters (AEO -1.6%) are also notably lower on the day.
- Now read A Few Thoughts Inspired By Saturday Shopping