Early Briefing and Review: L Brands Inc., American Eagle Outfitters Inc., Chico's FAS Inc., and The Wet Seal Inc.
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LONDON, November 1, 2013 /PRNewswire/ --
The U.S. equity market edged lower on Thursday, October 31, 2013, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite falling by 0.38%, 0.47%, and 0.28%, respectively. Shares in the apparel stores ended on a mixed note, even as the broader market posted losses. The major movers in the industry included L Brands Inc. (NYSE: LTD), American Eagle Outfitters Inc. (NYSE: AEO), Chico's FAS Inc. (NYSE: CHS), and The Wet Seal Inc. (NASDAQ: WTSL). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
L Brands Inc.'s stock advanced on Thursday, hitting a new 52-week high of $62.93. The company's shares closed the day at $62.61, up 0.76% from the previous day's price of $62.14. A total of 2.26 million shares were traded, which is above the daily average volume of 2.17 million. The company's shares have gained 2.47% in the last one month and 12.26% in the previous three months, compared to a gain of 4.46% and 4.20% in the S&P 500 during the respective periods. Additionally, L Brands Inc.'s stock is trading above its 50-day and 200-day moving averages of $59.29 and $52.04, respectively. Sign up for free report on LTD at:
http://www.AAAResearchReports.com/LTD110113.pdf
On Thursday, shares in American Eagle Outfitters Inc. closed at $15.49, down 0.19% from the previous day's closing price of $15.52. The company's shares vacillated between $15.33 and $15.66 during the trading session. A total of 5.03 million shares were traded, which is above the daily average volume of 4.43 million. Despite Thursday's losses, the company's shares have gained 3.06% in the previous three trading sessions and 10.72% in the last one month, outperforming the S&P 500, which fallen by 0.32%, and has gained 4.46%, during the respective periods. Moreover, American Eagle Outfitters Inc.'s stock is trading above its 50-day moving average of $14.37. AEO free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/AEO110113.pdf
Shares in Chico's FAS Inc. edged higher on Thursday, reversing some of the losses from the previous trading session. The company's shares closed the day 0.35% higher at $17.15, after fluctuating between $16.97 and $17.26 during the trading session. A total of 1.83 million shares were traded, which is below the daily average volume of 2.55 million. The company's stock has gained 0.53% in the previous three trading sessions and 2.94% in the last one month, compared to a loss of 0.32% and a gain of 4.46% in the S&P 500 during the respective periods. Moreover, Chico's FAS Inc.'s stock is trading above its 50-day moving average of $16.38. A free report on CHS can be accessed by registering at:
http://www.AAAResearchReports.com/CHS110113.pdf
The Wet Seal Inc.'s shares ended the day 1.78% lower at $3.31, after vacillating between $3.30 and $3.41. A total of 0.63 million shares were traded, which is below the daily average volume of 1.06 million. Despite Thursday's pullback, the Wet Seal Inc.'s shares have advanced 0.61% in the previous three trading sessions, outperforming the S&P 500, which has fallen by 0.32% during the same period. Further, the company's stock is trading below its 50-day and 200-day moving averages of $3.71 and $3.75, respectively. Register with AAA Research Reports and download research on WTSL for free at:
http://www.AAAResearchReports.com/WTSL110113.pdf
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