By: ETF Trends
May 20, 2011 at 10:45 AM EDT
Retail ETFs Down with Gap, Aeropostale, Barnes & Noble in View
Retail exchange traded funds were down sharply Friday while shares of Aeropostale (NYSE: ARO) and Gap (NYSE: GPS) fell nearly 20% after the companies offered weak profit outlooks as they continue to get squeezed by higher input costs. Retail HOLDRS (AMEX: RTH) and SPDR S&P Retail ETF (NYSEArca:...
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