Abercrombie Surges, GameStop Falls, Nvidia Higher
On this episode of Stock Movers: - Abercrombie & Fitch (ANF) shares jumped after the retailer upped its full-year outlook, suggesting confidence in its ability to navigate the changing tariff landscape. The fashion retailer now sees full year net sales growth of 3% to 6% up from its estimate of 3% to 5% in March. This included approximately $50 million of tariff expenses. - GameStop (GME) shares fell after the company announced it bought 4,710 Bitcoin tokens. This is the video-game seller’s first Bitcoin purchase after it announced in March that it plans to add the cryptocurrency as a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.