Updated
Updated · MarketWatch · May 1
Tapestry stock falls 1.59% but outperforms mixed market
Updated
Updated · MarketWatch · May 1

Tapestry stock falls 1.59% but outperforms mixed market

8 articles · Updated · MarketWatch · May 1
  • The shares closed at $142.74 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average slipped 0.31% to 49,499.27.
  • Tapestry ended the session 11.87% below its 52-week high of $161.97, reached on 26 February.
  • Trading volume was 1.4 million shares, 446,354 below the stock's 50-day average of 1.9 million.
With insiders selling millions in shares, why do Wall Street analysts overwhelmingly rate Tapestry a 'Strong Buy' before its earnings report?
As high-end luxury falters, how is Tapestry's 'affordable' model successfully capturing the crucial Gen Z and Millennial markets?