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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 ...
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 ...
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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.
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In its earnings release Tuesday, LVMH reported a sales decline of 3% year over year in the third quarter. The French luxury conglomerate's fashion and leather products fell 5%, marking their ...