Abercrombie & Fitch is trading at $90.01 (12.3% down) in after-hours sessions as a broad market selloff weighs on the stock despite a lack of fresh company-specific news or earnings reports.
- The sharp decline follows several strong trading sessions earlier this week, marking a significant reversal in momentum.
- The move appears driven by a wider risk-off sentiment across U.S. markets, fueled by geopolitical tensions and significant weakness in the technology sector.
- Major indices closed sharply lower today, with futures indicating continued volatility as investors pull back from riskier assets.