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๐ฐ **This Retail Stock Is Down 10% in a Year Despite Record Revenue. A Fund Just Cut Its Stake**
Key PointsNicholas Investment Partners sold 109,532 shares of Abercrombie & Fitch Co. in the first quarter; the estimated transaction value was $10.65 million (based on average Q1 2026 pricing).
๐ https://www.nasdaq.com/articles/retail-stock-down-10-year-despite-record-revenue-fund-just-cut-its-stake
#markets #news
Key PointsNicholas Investment Partners sold 109,532 shares of Abercrombie & Fitch Co. in the first quarter; the estimated transaction value was $10.65 million (based on average Q1 2026 pricing).
๐ https://www.nasdaq.com/articles/retail-stock-down-10-year-despite-record-revenue-fund-just-cut-its-stake
#markets #news