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Shares of Abercrombie & Fitch Co. pulled back Wednesday, as the apparel and accessories retailer’s quarterly results and outlook were good, but apparently not good enough to keep fueling the stock’s recent rocket ride to record highs.
The stock ANF fell 2.6% in premarket trading, after rising in 13 of the past 14 sessions to close Tuesday at a record high. It has run up 58.6% year to date, after rocketing 285.1% in 2023, which was the stock’s best yearly performance since it went public in September 1996.
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