Why Abercrombie's stock took a dive after just a slight tweak to the earnings outlook
Core Viewpoint - Abercrombie & Fitch's stock experienced a decline due to a minor adjustment in its sales growth forecast, despite recently achieving its best two-month stock performance in 25 years [1] Group 1 - The company reported a significant stock gain over the past two months, marking the best performance in a quarter of a century [1] - Following the strong performance, the company adjusted its sales growth outlook, which led to a negative reaction in the stock market [1]