American Eagle Jumps Most Since 2000 After Trump Praises Sydney Sweeney Ad

American Eagle Outfitters Inc. shares jumped the most since 2000 on Monday after US President Donald Trump touted the company’s ads — pushing the retailer’s stock into meme stock territory.

The shares spiked 24% on Monday after Trump said in a social media post that American Eagle’s recent marketing blitz with actress Sydney Sweeney is the “HOTTEST ad out there.” He said American Eagle jeans are “flying off the shelves.”