Capri Holdings Options Spot-On: On October 28th, 105.11K Contracts Were Traded, With 813.18K Open Interest
On October 28th ET, $Capri Holdings(CPRI.US)$ had active options trading, with a total trading volume of 105.11K options for the day, of which put options accounted for 30.06% of the total
Trending Stocks This Week as Market Rally Ends
J.P. Morgan Sticks to Their Hold Rating for Capri Holdings (CPRI)
The merger of two major American fashion brands to create a handbag giant has been called off! Capri plunges nearly 49%, breaking a record.
Capri fell to a four-year low and its stock price was halved this year, while Tapestry rose by almost 15% to a six-year high. Some analysts say that Capri's market share decline is more serious, and may need to find new buyers. The merger of the two largest luxury goods companies in the usa could also bring additional risks to Coach's parent company, Tapestry, even though the merger could better compete with european luxury goods giants.
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