American Apparel (APP +6.3%) rises on a NY Post report that George Soros is taking a hard...

|By:, SA News Editor

American Apparel (APP +6.3%) rises on a NY Post report that George Soros is taking a hard look at the retailer which has seen its shares decimated from levels above $15 in 2007 to ~$0.80 now. Crystal Financial, which boasts Soros’ hedge fund as its lead investor, is in talks to replace and expand a $75M revolving credit line from BofA that matures in July.