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The results seemed to indicate a long-awaited recovery in the luxury sector, and sector stocks broadly gained on the news. As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4% ...
The company saw the price of its U.S.-listed shares dip by over 3% on the day, while the bellwether S&P 500 index crept up to close 0.1% higher. A major surprise in France
Chinese stocks have surged over the past month, with PDD Holdings up 55% over the past month and GDS Holdings up 21%, even counting today's sell-off. LVMH's 5.6% gain, while paltry compared to ...
Shares of Boston Beer (NYSE: SAM) stock are down 3.6% in response, as of 11:05 a.m. ET. Molson Coors (NYSE: TAP) and LVMH Moet ... with an easy-to-follow ... Yahoo Finance. Insurers are dropping ...
Tuesday's market-moving news for global luxury-goods purveyor LVMH Moët Hennessy ... investors assertively traded out of its stock. At the close of the day's action, it had lost almost 8% of its ...
Shares of LVMH fell as much as 8% Wednesday after the luxury goods conglomerate said revenue growth in the third quarter was much slower than in the first half of the year.
The company's valuations are cheap, but it has a powerful and high-profile product lineup.
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