Shares of Tapestry Inc.
advanced 1.95% to $41.26 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.42% to 4,419.15 and the Dow Jones Industrial Average
rising 0.44% to 35,084.53. The stock’s rise snapped a two-day losing streak. Tapestry Inc. closed $8.41 below its 52-week high ($49.67), which the company reached on May 7th.
The stock outperformed some of its competitors Thursday, as LVMH Moet Hennessy Louis Vuitton ADR
fell 0.15% to $162.41, Estee Lauder Cos. Cl A
rose 0.82% to $333.59, and Compagnie Financiere Richemont S.A. ADR
rose 1.26% to $12.85. Trading volume (2.1 M) remained 1.1 million below its 50-day average volume of 3.1 M.
Go to the news source: Tapestry Inc. stock outperforms market on strong trading day