Why These Upscale Fashion Stocks Are Surging Today
Shares of upscale apparel companies were rising on Tuesday morning, buoyed by growing investor optimism about a recovery from the coronavirus pandemic.
Here's where things stood for these three companies' shares as of 10:00 a.m. EDT, relative to their closing prices on Monday:
All three companies have been hit hard in recent weeks by events related to the outbreak of COVID-19 in North America and Europe. All have closed their factory-owned stores in those regions and all continue to deal with struggling suppliers.
Source Fool.com
