Abercrombie & Fitch Company is trading 4% down at $74.54 as a stronger-than-expected U.S. jobs report triggered a broad market sell-off on concerns that interest rates may remain higher for longer.
- The decline aligns with a wider risk-off sentiment, with the S&P 500 falling 2.6% and the Nasdaq Composite dropping over 4%.
- There are no company-specific catalysts driving the move, suggesting the stock is tracking broader equity market volatility.