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The news sent Capri's stock crashing, as its shares fell more than 45% while Tapestry shares climbed double-digits. Now that the merger is currently blocked, what should investors do with the stocks?
The latest luxury fashion M&A deal drew a mixed response from pros on Wall Street and in the industry.
Capri Holdings (), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by Coach ...
Shares of the Michael Kors parent dropped on a disappointing earnings report.
Capri Holdings Limited (formerly Michael Kors Holdings Limited) is a multinational fashion holding company, incorporated in the British Virgin Islands, [3] with executive offices in London [3] and operational offices in New York.
News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. ... Before you buy stock in Capri, consider this:
Capri stock surged 59% to $54.82 in premarket trading. Tapestry shares fell 4% to $39.54 as some on Wall Street began to question the need to pull the trigger. ... Click here for the latest stock ...
Capri Holdings (CPRI) closed at $60.03 in the latest trading session, marking a -0.6% move from the prior day.