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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%.
A surprise election result in its home country dinged the stock of luxury goods specialist LVMH Moët Hennessy Louis Vuitton (OTC: LVMUY) on Monday. The company saw the price of its U.S.-listed ...
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 Hennessy (OTC: LVMUY) have fallen 2.2% and 2.8%, respectively. Where ...
The new deal reduced the amount paid per share by LVMH from the original price of $135 to ... The group's control amounted to 46.84% of LVMH's stock and 63.13% of ...
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The new deal reduced the amount paid per share by LVMH from the original price of $135 to $131.50. [47] LVMH completed the purchase of Tiffany in January 2021. [48] Under Arnault's leadership, LVMH has grown to become the largest company by market capitalization in the eurozone, [49] with a record of 313 billion euros ($382 billion) as of May ...
The company's valuations are cheap, but it has a powerful and high-profile product lineup.
Why LVMH Moët Hennessy Stock Tumbled on Tuesday. Eric Volkman, The Motley Fool. October 15, 2024 at 1:41 PM. Tuesday's market-moving news for global luxury-goods purveyor LVMH Moët Hennessy (OTC