Aeropostale is testing support at its 10-day moving average, levels to watch The stock is down over 7% at time of writing, testing support at the 10-day moving average, last at $13.39. Next support below is at $12.52. Resistance is at $13.63. Janney Capital earlier downgraded the stock to Neutral, based on what it saw as weak comparisons to competition. The firm cut its price target to $14.
Aeropostale announces changes to board Aéropostale announced future changes to the composition of its board. Robert Chavez has advised the company that he will not seek re-election to the company's board at the 2015 Annual Stockholder Meeting due to his responsibilities and time commitments as president and CEO of Hermes of Paris. Chavez will continue to serve until the 2015 Annual Meeting. Stefan Kaluzny has also advised the company that he will not seek re-election as a Director at the 2015 Annual Stockholder Meeting. Kaluzny, a Managing Director of Sycamore Partners, has served as a designated Series B Director since May 2014. He will also continue to serve until the 2015 Annual Meeting.