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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
The company's valuations are cheap, but it has a powerful and high-profile product lineup.
Luxury-goods stock LVMH Moët Hennessy (OTC: LVMUY) wasn't looking too exclusive on Hump Day. The company's share price had eroded by nearly 4% at market close, due in no small part to an analyst ...
The company is a faithful dividend payer, with a forward annual dividend rate of $8.40 per share and a yield of approximately 1.5% based on current share prices. That dividend has increased by ...
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%.
Chinese stocks have surged over the past month, with PDD Holdings up 55% over the past month and GDS Holdings up 21%, even counting today's sell-off. LVMH's 5.6% gain, while paltry compared to ...
The French powerhouse, home to Dior, Louis Vuitton, Sephora, and Tiffany's, stunned with a 10% sales surge in the final quarter of 2023, surpassing analyst forecasts.
After the company published a disappointing revenue update, investors assertively traded out of its stock. At the close of the day's action, it had lost almost 8% of its value.