Bath & Body Works, Inc. (BBWI) shares have been purchased by
SG Americas Securities LLC and
Mirae Asset Global Investments Co. Ltd. The company's stock has outperformed competitors despite daily losses and traders' heavy acquisition of call options. Despite beating earnings estimates and revealing a strong Q4 and full-year earnings, BBWI's guidance disappointed, which pushed the stock down. Investment firms including
BI Asset Management Fondsmaeglerselskab A S and
Norden Group LLC have invested in BBWI's shares, while others like
Allspring Global Investments Holdings LLC have reduced their positions.
Nordea Investment Management AB also trimmed its stake in BBWI. The company saw large volume options trading and continues its expansion with a new Bridgerton collection. BBWI is seeking growth within the men's business and in collaboration with
Accenture using AI and next-gen technology. However, caution is advised due to sales concerns. The price of BBWI has been attracting fundamental investors, despite experiencing a dip recently.
Bath Body Works BBWI News Analytics from Wed, 04 Jan 2023 08:00:00 GMT to Sun, 14 Jul 2024 21:25:20 GMT -
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