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Why Abercrombie & Fitch Stock Is Soaring This Week

Shares of Abercrombie & Fitch (NYSE: ANF) are trading higher this week. The company’s stock jumped 9.7% as of 2:15 p.m. ET. The move up comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq-100 were up 1.4% and 1.1%, respectively. The clothing retailer released its quarterly numbers on Wednesday, beating Wall Street targets at…