Since stocks overwhelmingly trade more on potential than trailing performance, shares of PVH (NYSE: PVH) were tumbling over the past few days. The company notched beats with its fourth-quarter figures but whiffed on bottom-line guidance. This was followed by a wave of analyst price-target cuts. As a ...
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Shares of PVH (NYSE: PVH), the parent of apparel brands like Calvin Klein and Tommy Hilfiger, posted disappointing results in its fourth-quarter earnings report. As a result, the stock closed down 22.2%. Image source: Getty Images. Continue reading
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