Abercrombie & Fitch stock took off Wednesday morning. It got a tariff refund boost, but there's more to the story.

The U.S. Court of International Trade ruled in March that several companies that paid President Donald Trump’s “Liberation Day” tariffs were entitled to refunds.

The U.S. Court of International Trade ruled in March that several companies that paid President Donald Trump’s “Liberation Day” tariffs were entitled to refunds.