Tapestry Inc. (TPR), is currently making waves in the stock market due to its outstanding growth and value. Its stock has been on an upward trend, rising
54% in the last six months and soaring another
20% following the announcement of a US$0.35 per share dividend. Notable financial institutions, including Schroder Investment Management Group, Virtu Financial LLC, and Alliancebernstein L.P., have been increasing their holdings in Tapestry, indicating a bullish sentiment among investors. The company recently reported promising
Q2 2025 results and raised its full-year outlook, adding further momentum to the rising stock. Furthermore, a proposed definitive agreement to
sell Stuart Weitzman brand to Caleres is in the works, signaling a strategic shift in the company's portfolio. Despite this, financial media mogul
Jim Cramer warns investors of potential downturns in the market that could affect Tapestry, urging caution. Finally, amidst this positive news, Tapestry announced the
termination of a merger agreement with Capri Holdings Limited, creating some uncertainty for the company's future.
Tapestry TPR News Analytics from Thu, 24 Oct 2024 07:00:00 GMT to Sat, 05 Apr 2025 08:50:31 GMT -
Rating 8
- Innovation 3
- Information 7
- Rumor -2
