American Eagle Outfitters Inc. stock soared Monday after President Trump voiced support for actor Sydney Sweeney’s controversial “great jeans” ad campaign.
The stock was up more than 17 percent by midday Monday. At last week’s close, shared were down 36 percent this year, Bloomberg reported.
“Sydney Sweeney, a registered Republican, has the ‘HOTTEST’ ad out there. It’s for American Eagle, and the jeans are ‘flying off the shelves.’ Go get ‘em Sydney!” Trump said Monday on Truth Social.
The president compared Sweeney to megastar Taylor Swift, who backed former Vice President Kamala Harris’s 2024 campaign and who the president said is “no longer hot.”
“Or just look at Woke singer Taylor Swift. Ever since I alerted the world as to what she was by saying on TRUTH that I can’t stand her (HA