07.04.2020 22:14:00

Why Shares of Capri Holdings Were Roughed Up in March

Shares of Capri Holdings (NYSE: CPRI), the parent company of Michael Kors and other upscale fashion brands, were hit hard in March as the coronavirus pandemic forced many retailers in North America and Europe to shut down their brick-and-mortar stores indefinitely.Capri Holdings' shares lost over half of their value in March -- 58.2%, according to data provided by S&P Global Market Intelligence.  Continue reading
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