Why Aeropostale Is Surging

NEW YORK (TheStreet) - Aeropostale shares were surging 8.6% to $3.52 in post-markets trading after the struggling teen retailer said CEO Thomas P. Johnson would step down from his position. The company's board of directors and Johnson, who has been its CEO since December 2010, "mutually agreed" he would step down, according to a press release. The New York-based company said that its former chairman and chief executive, Julian R. Geiger, has rejoined the company as CEO, effective immediately. Ge...