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American Eagle Outfitters stock plummets on profit miss, paused dividend

American Eagle Outfitters (NYSE:AEO) stock slid by double-digits in Wednesday’s extended session after the company posted a disappointing second quarter earnings result. The Pennsylvania-based retailer posted significantly lighter than expected EPS alongside in-line revenue. Gross profit declined 26% from a particularly strong 2021 and reflected an over 11% margin contraction. “This is an unprecedented time…

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Six Flags Entertainment gains as much as 3.6% as M Science notes that trends for the theme-park operator improved in the last few weeks of the quarter as well as the first weekend in October.

Six Flags Entertainment (SIX+3.3%), Cedar Fair (FUN+0.7%) and SeaWorld Entertainment (SEAS+2.5%) jump after M Science says traffic trends improved for Six Flags and SeaWorld near the end of Q3 across core theme parks. That would also coincide with a decrease in COVID restrictions in some regions.Six Flags (NYSE:SIX) is the first of the theme park…

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Peloton prints new high as company looks to be global wellness leader

Peloton Interactive (PTON) announces the formation of the Peloton Health and Wellness Advisory Council.The company says it will work closely with the council to look at how it can positively impact the physical, mental and emotional wellbeing of its community of global members.The council includes five renowned doctors, researchers and other medical professionals from the…

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