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From Wednesday to Friday last week LVMH's share price bounced 14% from €617.50 to €703.40 ($690.74 to $786.83). The bounce has led to a corresponding surge in Arnault's fortunes—after all ...
The company's share price had eroded by nearly 4% at market close, due in no small part to an analyst's rather assertive price-target cut. ... who reduced his price target on LVMH's Europe-listed ...
Tuesday's market-moving news for global luxury-goods purveyor LVMH Moët Hennessy (OTC: LVMUY) wasn't very encouraging. After the company published a disappointing revenue update, investors ...
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
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 ...
LVMH shares have been hit by the company's troubles. It struggled in the first half of this year with underlying revenues inching up only 2% and income from recurring operations sliding 8%.
In March, Bernard Arnault was the world’s richest person—with $48 billion more to his name. LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath ...
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.