Tapestry, Inc. (TPR) has faced both positive and negative developments, leading to unstable market responses. Notably, several investment firms have increased their positions in TPR. These include Panagora Asset Management Inc., National Bank of Canada FI, Jump Financial LLC, Yousif Capital Management LLC, and Principal Street Partners LLC. Charles Schwab and Truist Financial Corp have purchased additional shares. However, certain entities such as Victory Capital Management Inc., Amalgamated Bank, Swiss National Bank, and Dana Investment Advisors Inc. sold their shares. Such mixed engagements indicate a divergent view on Tapestry's performance. TPR faced a setback when its proposed merger with Capri was challenged by the FTC. The company also trimmed its revenue outlook amid challenges in North America. On a positive note, TPR surpassed sales estimates for Q3 and is backed by encouraging growth strategies and strategic innovations. The company's stock has witnessed fluctuations with an overall upward trend in the long term.
Tapestry TPR News Analytics from Thu, 10 Aug 2023 07:00:00 GMT to Sun, 19 May 2024 13:55:16 GMT -
Rating 4
- Innovation 1
- Information 9
- Rumor -2
