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LVMUY LVMH Moet Hennessy Louis Vuitton SA (PK)

124.23
2.93 (2.42%)
Last Updated: 20:47:35
Delayed by 15 minutes
Name Symbol Market Type
LVMH Moet Hennessy Louis Vuitton SA (PK) USOTC:LVMUY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  2.93 2.42% 124.23 124.02 124.44 125.20 123.16 124.46 363,556 20:47:35

LVMH Shares Fall on 1st Half Performance, Drag Luxury Sector With Them

26/07/2023 8:59am

Dow Jones News


LVMH Moet Hennessy Louis... (PK) (USOTC:LVMUY)
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From Nov 2022 to Nov 2024

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   By David Sachs 
 

Shares in LVMH fell Wednesday after the French luxury goods company reported slower growth a day prior.

At 0719 GMT, shares in LVMH were down 3.8% to EUR821.40.

The world's largest luxury goods conglomerate posted higher earnings overall but U.S. revenue fell after recent highs, which Bernstein analysts said signals a more steady market for luxury goods following a boom.

In early trading, stocks across the sector were down. Prada, Swatch, Kering, Salvatore Ferragamo, Brunello Cucinelli and Hermes International were among the companies opening with lower share prices.

 

Write to David Sachs at david.sachs@wsj.com

 

(END) Dow Jones Newswires

July 26, 2023 03:44 ET (07:44 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

1 Year LVMH Moet Hennessy Louis... (PK) Chart

1 Year LVMH Moet Hennessy Louis... (PK) Chart

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1 Month LVMH Moet Hennessy Louis... (PK) Chart

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