They both had an image crisis and manage distinct brands but right now Gap Inc. could do a lot worse than look to Abercrombie for how to get the merchandise on point.

U.S. stocks mixed, Nasdaq up 0.1%. Abercrombie & Fitch shares surge 31.6% after beating earnings and raising forecasts. Other top gainers include Kanzhun, Capricor Therapeutics,…

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