Abercrombie & Fitch (ANF): insiders are selling the stock
Abercrombie & Fitch (NYSE: ANF) stock price has surged to a record high as investors wait for its first quarter earnings scheduled for May 29th. It soared to a high of $150, bringing the year-to-date gains to 70%. It has also jumped by over 553% in the past 12 months, making it the best retail stock in the US. Abercrombie & Fitch’s insiders are sellingAbercrombie & Fitch, a millennial-focused retailer, has done well because of its strong revenue and profitability growth. Its revenue jumped to $4.2 billion in the last financial year, a big increase from the $3.69 billion it made a year earlier....