Sydney Sweeney just sent this American stock soaring

A brand of American clothing witnessed an increase in stock prices in the “Memestock” madness after announcing an advertising campaign that includes actress Sydney Sweeney.

The American Outfitters brand has witnessed a jump with a share of up to 12 percent in New York after it announced that the euphoria and Lotus White will split into a new advertising batch. The increase added approximately 228 million dollars (168 million pounds) to its market value.

MS Sweeney will appear in a Winter Denim campaign that includes a limited version jacket in addition to “The Sydney Jean”.

While advertising campaigns can affect the company’s performance, and Ms. Sweeini is one of the most famous actresses in the United States, analysts said the size of the stock price jump was not unrelated to reality.

The sharp sharp comes after the retail seller has gained attention on Reddit’s Wallstreeetbets, a forum known for the so -called intense gatherings in stock prices for the so -called Memestocks.

Memestocks is companies where the stock price is driven by the noise of social media and communities over the Internet, rather than the company’s primary financial performance.

This phenomenon appeared during the epidemic, as people turned into circulation as a way to entertain themselves during the lock.

The term Mestock was formulated after companies including Gamestop and BlackBerry have seen their stock prices in 2021, despite little in the way of updates about their basic performance.

The circular gathering led to the collapse of a hedge box that was betting against the shares of Gamestop and helped inspire a stupid film in 2023, starring Paul Dano.

The American Eagle’s shares has decreased nearly 50 percent so far this year before this week after he withdrew its annual expectations due to the induction uncertainty. The company is primarily sources from China.

“Memestocks was a symbol of how the” gambling “of stock markets.

He said: “He does not tell me anything about the level of interest rates or financial conditions. This is retailers who transport individual shares that are largely shortened.

“It reflects more gambling culture that permeates the financial markets. Bidding is not made due to a good profit report. It is because of a advertising campaign in Sydney Suene.”

Mrs. Sweeini, who has 25.2 million followers on Instagram, has campaigns such as Ford, Baskin-Robbins Ice Cream and MIU MIU.

In addition to being known for her roles on the screen, Mrs. Sweeini has become a prominent figure in popular culture and found herself wrapped in the wars of culture in North America.