Kohl's shares are trading lower. The stock may be down in sympathy with PVH, which issued weak Q1 guidance.
Portfolio Pulse from Benzinga Newsdesk
Kohl's shares are trading lower, potentially due to weak Q1 guidance issued by PVH, suggesting a sympathetic market response.
April 02, 2024 | 2:04 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Kohl's shares are trading lower, potentially due to weak Q1 guidance from PVH.
Kohl's stock decline may be a reaction to PVH's weak Q1 guidance, indicating a sympathetic response in the market. This suggests investors are concerned about similar sector-wide issues affecting Kohl's.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
PVH issued weak Q1 guidance, potentially impacting related stocks like Kohl's.
PVH's weak Q1 guidance is directly impacting its stock and potentially affecting related stocks like Kohl's due to market sympathy and concerns over similar challenges within the sector.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90