There's a Situation with Abercrombie's Stock!

Who knew fans of the fist pumpers and probably fellow fist pumpers owned stock?

Abercrombie drops 9% after 'Jersey Shore' diss
Company asked cast to stop wearing Abercrombie clothes

A day after dissing The Situation, the situation for clothing retailer Abercrombie & Fitch's stock is not pretty.

The stock price for Abercrombie & Fitch fell nearly 10 percent at one point on Wednesday. It was the first trading session after the clothing retailer offered "The Jersey Shore" star Michael "The Situation" Sorrentino and other members of the hit MTV reality show "substantial payment" if they stopped wearing Abercrombie-branded clothes.

Abercrombie and Fitch Offers to Pay ‘The Situation’ To Stop Wearing Its Clothes

Teen apparel retailer Abercrombie & Fitch Co. is offering to pay Michael “The Situation” Sorrentino not to wear its merchandise.

The New Albany, Ohio company released a statement Tuesday evening titled “A Win-Win Situation,” in which it stated a “deep concern” over the association between Mr. Sorrentino and the brand. A&F offered up a “substantial payment” to Mr. Sorrentino “to wear an alternate brand.”

“We understand that the show is for entertainment purposes, but believe this association is contrary to the aspirational nature of our brand, and may be distressing to many of our fans,” the statement read.

The company also extended the pay-to-not-play offer to the other Jersey Shore reality stars and said it was “urgently waiting a response.”

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