Capri Stock Sinks After Versace Parent's Poor Earnings
Portfolio Pulse from
Capri Holdings (CPRI) shares dropped after the company reported fiscal second-quarter results that did not meet Wall Street expectations.
November 08, 2024 | 8:45 pm
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NEGATIVE IMPACT
Capri Holdings' stock declined due to disappointing fiscal Q2 earnings that missed analyst expectations.
The stock price of Capri Holdings is likely to decline in the short term as the company's fiscal Q2 earnings report did not meet Wall Street expectations, leading to a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100