Sydney Sweeney sparks latest meme stock rally as American Eagle soars 18%
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最新报道：Sydney Sweeney's collaboration with American Eagle sparked a meme stock frenzy, driving the retailer's shares up 30% in after-hours trading. The Euphoria actress promoted the brand's new collection on social media, triggering a surge of retail investor interest reminiscent of 2021's meme stock phenomenon. Analysts caution the rally may be short-lived, noting American Eagle's fundamentals haven't changed. The company reported mixed Q2 earnings earlier this week, with revenue beating estimates but margins contracting. This marks the latest celebrity-influenced market movement, following similar volatility around other star-backed brands this year.
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