Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Controversial retailer Abercrombie & Fitch is not doing well. It’s losing money and sales are declining. But it didn’t do as badly as Wall Street expected. So the stock is surging. That’s silly.

Source: CNNMoney.com – video report

Date: May 29, 2014

Link: http://money.cnn.com/video/investing/2014/05/29/investing-the-buzz-abercrombie-and-fitch.cnnmoney/index.html

Questions for Discussions:

  • Why is the stock rebounding?
  • Do you think it is a good buy today?

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