Updated
Updated · MarketWatch · May 6
Tapestry stock rises 5.26% and outperforms market
Updated
Updated · MarketWatch · May 6

Tapestry stock rises 5.26% and outperforms market

10 articles · Updated · MarketWatch · May 6
  • The shares closed at $148.83 on Wednesday, their second straight gain, as the S&P 500 climbed 1.46% and the Dow added 1.24%.
  • Trading volume reached 3.4 million shares, well above the 50-day average of 1.9 million, signalling stronger investor activity during the session.
  • Even after the rally, Tapestry remained 8.11% below its 52-week high of $161.97, set on 26 February.
As insiders sell millions, is Tapestry's pre-earnings stock surge a bubble about to burst?
Coach's revival drives growth, but can Tapestry's strategy survive the continued decline of its Kate Spade brand?