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Why Michael Kors Holdings Stock Soared Today

TheMotleyFool

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Why Michael Kors Holdings Stock Soared TodayPhoto, wide shot, wide-angle lens, Online marketplace, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/27d484d8-d1b1-4519-9797-b5dcaa68d4e2.png

Why Michael Kors Holdings Stock Soared Today

Shares of Michael Kors Holdings (NYSE: KORS) surged Tuesday morning after the luxury fashion giant posted a better-than-expected fiscal first-quarter 2018 earnings report, and lifted its full-year guidance.

As of 12:50 p.m. EDT, the stock was up 21.6%.

Image source: Michael Kors.

Source: Fool.com