Shares of American Eagle plummet 17% on unimpressive holiday forecast


American clothing and accessories retailer American Eagle store seen in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)
Shares of American Eagle plummeted about 17% Tuesday after the company issued a holiday forecast that failed to impress.
For its holiday quarter, American Eagle expects sales to be up high-single digits, ahead of the 3.4% sales…
This story appeared on cnbc.com, .