Company Close Updates

Tapestry Inc. stock outperforms competitors despite losses on the day

Company Logo

Terrence Horan

Referenced Symbols

Shares of Tapestry Inc. TPR, -0.76% slipped 0.27% to $39.94 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -0.91% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, -0.48% rising 0.68% to 34,814.39. This was the stock's fourth consecutive day of losses. Tapestry Inc. closed $9.73 short of its 52-week high ($49.67), which the company reached on May 7th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as LVMH Moet Hennessy Louis Vuitton ADR LVMUY, -1.06% fell 2.71% to $148.00, Estee Lauder Cos. Cl A EL, -1.01% fell 1.38% to $326.25, and Compagnie Financiere Richemont S.A. ADR CFRUY, -0.28% fell 3.75% to $10.77.true Trading volume (3.0 M) remained 93,172 below its 50-day average volume of 3.1 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.