The Traderszone Network

Published in TZ Latest News 25 January, 2017 by The TZ Newswire Staff

Why Abercrombie & Fitch Co. Stock Was Cut in Half in 2016

Image source: Abercrombie & Fitch Co.

Abercrombie & Fitch Co. (NYSE: ANF) stock was crushed in 2016. Shares of the fashion retail brand dropped more than 54% throughout the year, according to data provided by S&P Global Market Intelligence, after the company posted multiple quarters of declining same-store sales. It’s estimated to have notched a net loss for the year. 

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