Why Apparel Stocks Fell This Week
Apparel stocks had a rough week this week, with several industry players falling between 7% and 12% as of early Friday morning, according to data provided by S&P Global Market Intelligence.
That slump compares to a flat performance for the wider market and came from concerns about the scale of the pandemic rebound ahead. Those worries struck many stocks that are tied to the COVID-19 recovery trade, but apparel specialists were among the hardest-hit.
Here's how a few standout stocks fared through the market close on Thursday evening:
Source Fool.com
