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Company Close Updates

Tapestry Inc. stock underperforms Thursday when compared to competitors

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Terrence Horan

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Shares of Tapestry Inc. TPR, +1.95% slid 2.16% to $39.92 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.42% rising 0.20% to 4,367.48 and the Dow Jones Industrial Average DJIA, +0.44% rising 0.07% to 34,823.35. The stock's fall snapped a two-day winning streak. Tapestry Inc. closed $9.75 short of its 52-week high ($49.67), which the company achieved on May 7th.

The stock underperformed when compared to some of its competitors Thursday, as LVMH Moet Hennessy Louis Vuitton ADR LVMUY, -0.15% rose 0.03% to $156.20, Estee Lauder Cos. Cl A EL, +0.82% rose 1.08% to $326.58, and Compagnie Financiere Richemont S.A. ADR CFRUY, +1.26% rose 1.24% to $12.29. Trading volume (2.5 M) remained 842,670 below its 50-day average volume of 3.4 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.

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