Buyout Rumors At American Eagle Again? (AEO)

American Eagle Outfitters

shares are sharply higher today on no real news, and heavy volume. Some are speculating that the teen retailer could potentially be in play for a takeover, either via private equity or a leveraged buyout offer. At last check, shares of American Eagle were up $1.24 to $15.93, a gain of 8.44%. The volume is more than twice its average daily volume, trading 11 million shares today.