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home / news releases / LB - Why American Eagle Stock Was Gaining Today

LB - Why American Eagle Stock Was Gaining Today

L Brands Inc.

Shares of teen apparel retailer American Eagle Outfitters (NYSE: AEO) were climbing today despite no specific news out on the stock. Instead, an announcement from rival L Brands (NYSE: LB), the parent of Victoria's Secret, seemed to boost the shares.

As of 11:16 a.m. EDT, American Eagle stock was up 7.5% while L Brands had surged 32.8%.

Image source: American Eagle Outfitters.

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Stock Information
Company Name: L Brands Inc.
Stock Symbol: LB
Market: NYSE
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