Aeropostale Soars After Sacking CEO For Former Boss — forbes.com

The struggling teen clothing retailer has seen its stock sink more than 60% in 2014, as it tried to buck a trend of declining sales. But the company let go CEO Thomas Johnson on Monday after the market closed — and announced it would bring back former CEO Julian Geiger, who ran Aeropostale from 1996 to 2010. Aeropostale shares jumped over 8% after hours on the news, after rising about 2% during the day.

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