American Eagle shares rise 23% following Trump’s commendation of actress Sydney Sweeney
American Eagle’s stock surged 23.65% to $13.28 per share by the end of trading, a notable increase that started hours prior after Trump praised a controversial ad featuring Sweeney that the company aired last week in a post on Truth Social.
On Monday morning, Trump commended Sweeney’s contentious role in the advertising campaign, stating, “It’s for American Eagle, and the jeans are ‘flying off the shelves.’ Sydney, go get ’em!
Trump celebrated Sweeney’s apparent voter registration, after multiple reports over the weekend indicated she is registered as a Republican voter in Florida.
Trump unfavorably compared Sweeney to “woke singer Taylor Swift,” whom he previously said he ‘hates’ after the singer endorsed his election opponent, Vice President Kamala Harris, in October, calling her “NO LONGER ATTRACTIVE.”
