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Article: Top Performer for Fri: American Apparel (APP) - Zacks #1 Rank Top Performers
- Article from:
- Zacks Investment Research - Zacks #1 Rank Top Performers
- Article date:
- November 13, 2009
- Author:
CopyrightCopyright 2009 Zacks Investment Research. (Hide copyright information)
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Top Performer for Fri: American Apparel (APP) - Zacks #1 Rank Top Performers
Earlier this week,
American Apparel, Inc.
(
APP
) announced third-quarter results that included a positive profit surprise. Today, shares of the company are higher by 6.3%, which is enough to make the Zacks #1 Rank Top Performers List.
Volume has surged Friday to more than 1 million shares, compared to the daily average of 364,000.
American Apparel is a vertically integrated manufacturer, distributor and retailer of branded fashion basic apparel. As of Oct 31, it operated more than 275 retail stores in 20 countries. It also operates a leading wholesale business that supplies high quality ...