- Ascena Retail Group, Inc. stock price today and history
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Ascena Retail Group, Inc. stock price, ASNA
Ascena Retail Group, Inc. stock chart:
Ascena Retail Group, Inc. close price: 2.99
Stock price forecast:
UP TO +2.01%
Total forecasts: 90
Reached: 8 (8.89%)
Total Win: 0.41 (10.95%)
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Ascena Retail Group, Inc. latest news:
Apparel retailer stock dive as Amazon's new Prime Wardrobe strikes fear in investors
Shares of apparel retailers took a dive Tuesday, after Amazon.com Inc. appeared to take aim with the launch of its new Prime Wardrobe service, which allows users to try on multiple items at a time at home and receive a discount on items that are kept. Shares of Ascena Retail Group Inc.'s , the parent of apparel retailers including AnnTaylor, Charming Shoppes and The Dress Barn, tumbled 7.8%. Elsewhere, shares of Gap Inc. shed 3.8%, Abercrombie & Fitch Co. slid 3.6%, American Eagle Outfitters Inc. slumped 3.9%, Buckle Inc. fell 3.8% and Express Inc. dropped 3.4%. Among clothes-sellilng department store chains, shares of Nordstrom Inc. gave up 3.5%, Macy's Inc. lost 1.9% and Dillard's Inc. declined 4.5%. Meanwhile, Amazon's stock edged up 0.1%. Amazon sparked a selloff in grocery store stocks after announcing a deal Friday to buy Whole Foods Market Inc. for $13.7 billion. Analysts fear Amazon's move into a sector introduces a potential major competitor that will lead to lower prices and narrower margins. The SPDR S&P Retail ETF shed 1.8%, while the S&P 500 slipped 0.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Ascena shares rise even as earnings, outlook miss Street view
Ascena Retail Group Inc. shares rose in the extended session Thursday even after the parent of Ann Taylor and Loft stores fell short of Wall Street earnings expectations. Ascena shares rose 5.2% to $1.91 after hours. The company reported adjusted fiscal third-quarter earnings of 5 cents a share on revenue of $1.57 billion. Analysts surveyed by FactSet had estimated earnings of 6 cents a share on revenue of $1.56 billion. For the fourth quarter, Ascena expects an adjusted loss of a penny to 6 cents a share, while analysts estimate earnings of 3 cents a share. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
General Electric, Ascena Retail Group Tumble into Thursday’s 52-Week Low Club
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