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The Latest Breaking News from Tapestry

Midday stock movers: Tapestry, Capri, Deckers Outdoor, Spirit Airlines, and more

Here are the stocks making the biggest market moves midday.

The Street

Stocks Rally as Chip Stocks Jump on Western Digital Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.86%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.53%. Stocks today are moderately higher, with the Nasdaq 100 posting a...

Barchart

Capri Stock Craters After Judge Blocks Tapestry Merger: What to Know

Capri Holdings stock has been nearly cut in half Friday after a U.S. judge blocked the retailer's proposed merger with Kate Spade parent Tapestry.

Kiplinger

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Stock Market Today: Dow Jones Falls; Trump Stock Soars As Cathie Wood Sells Tesla (Live Coverage)

The Nasdaq composite held a 1% gain in the stock market today, helped by strength in several large-cap technology stocks.

Investors Business Daily

Michael Kors Parent Craters On Blocked Merger With Tapestry

Shares of Michael Kors parent Capri unraveled early Friday after a judge blocked its $8.5 billion merger with Coach owner Tapestry.

Investors Business Daily

US Court Blocks Coach Owner's $8.5 Bn Buyout Of Versace Parent

A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace, citing a potential loss of competition.

International Business Times

Tapestry Stock Reaches 80-Plus RS Rating Benchmark

Tapestry sees its Relative Strength Rating move into the 80-plus level.

Investors Business Daily

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Tapestry Stock: Is TPR Outperforming the Consumer Discretionary Sector?

Despite Tapestry’s outperformance relative to the consumer discretionary sector over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Barchart

Tesla Leads S&P 500 Index, While Biotech Giant Tumbles On Court Ruling

Tesla led the S&P 500 index on Monday, moving toward a buy point. Regeneron Pharmaceuticals tumbled on a surprise court ruling.

Investors Business Daily

FTC trial against $8.5 billion U.S. luxury merger heats up

Two U.S. luxury houses and the FTC are set to battle in court to reach a final decision that will change the market.

The Street

Michael Kors admits defeat by influencers and celebrities, claiming ‘brand fatigue’ in $8.5 billion federal antitrust trial

The FTC is attempting to block Tapestry’s acquisition of Capri, which would create a bag behemoth.

Fortune

Nvidia stock loses $280 billion in value as it confronts the antitrust police

Officials want to know if the AI chipmaker makes it hard for buyers to switch or shop around.

Fortune

Are Wall Street Analysts Bullish on Tapestry Stock?

Despite lagging behind the broader market over the past year, analysts remain moderately bullish on Tapestry’s prospects.

Barchart

Here's What to Expect From Tapestry's Next Earnings Report

Tapestry is expected to announce its fourth-quarter earnings next month, and analysts expect a single-digit earnings dip.

Barchart

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Investors Business Daily

IBD Rating Upgrades: Tapestry Shows Improved Technical Strength

A Relative Strength Rating upgrade for Tapestry shows improving technical performance. Will it continue?

AAP

Google and CSIRO team up to solve solar surplus problem

Using more renewable energy could require faster and more reliable technology, according to Google's research arm is working with the CSIRO to create it.

Investors Business Daily

Tapestry Stock Shows Rising RS Rating; Still Shy Of Benchmark

A Relative Strength Rating upgrade for Tapestry shows improving technical performance. Will it continue?

Barchart

What Are Wall Street Analysts' Target Price for Tapestry Stock?

Despite Tapestry trailing the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock's outlook.

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Barchart

Capri Holdings: May 17 $35 Unusually Active Call Option Is a No-Brainer

One stock stood above all others in Wednesday’s unusual options activity. Capri Holdings’ May 17 $35 call had a Vol/OI ratio of 526.92, almost three times the next-highest ratio. Whoever was buying yesterday was right on the money. Here’s why.

Top News

Tapestry's Q2 earnings expected to miss expectations amid debt concerns

Tapestry, the luxury goods retailer, is expected to report lower revenues and earnings in its fiscal Q2 due to challenges in consumer spending and its upco...

Investors Business Daily

Tapestry Stock Weaves Its Way To No. 1 In Its Industry Group

Tapestry stock shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 82.

Fortune

The pandemic CEO: How executives who came to power forged the blueprint for a new kind of leader

The Fortune 500 companies that appointed new CEOs in the pandemic outperformed their peers. These 5 traits help explain why.

1 2 3 4

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