Abercrombie & Fitch (ANF) Down on Quarterly Loss

Abercrombie & Fitch

shares sank 1.5% to $18.63 reported a narrower-than-expected loss and better-than-expected revenue. The clothing company said efforts to reposition its Hollister brand have been fruitful. Share volume totaled 557,000, compared to an all-day average of 652,000