American Eagle Outfitters, Inc. Experiences Significant Stock Increase

In a remarkable turn of events, American Eagle Outfitters, Inc. saw its share price jump over 12% on Monday. This surge came shortly after US President Donald Trump publicly praised an advertisement featuring Sydney Sweeney, a registered Republican, for the brand.

Trump's Praise Sparks Investor Interest

President Trump took to Truth Social to express his admiration for Sweeney's American Eagle ad, calling it the "HOTTEST" out there and noting that the jeans were "flying off the shelves." His endorsement appears to have significantly influenced market sentiment, leading to a sharp increase in the company's stock value.

Market Response

Following Trump's comments, American Eagle Outfitters, Inc. shares were trading at $12.07 by 10:23 am ET, marking a 12.4% increase. This event highlights the potential impact of celebrity and political endorsements on stock performance.