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Aeropostale Debuts During Retail Surge.(B)(NYSE STOCKS IN THE NEWS)
Byline: Jonah Keri
A rough market generally won't do much for your portfolio, at least near term. But it doesn't offer a great chance to carefully build a strong watch list of promising stocks. When assembling such a list, don't forget about new issues.
Aeropostale debuted May 16 at 19 a share. It ended its IPO day at 27.85. The stock has traded in a tight range since then. It's 4% off its high.
The casual apparel retailer runs 278 mall-based stores, mostly targeting teens. Despite the current choppy market, the firm may have picked a good time for an IPO. The Retail-Apparel/Shoe group has ranked in the top 10 among IBD's 197 ...
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