MARKET

TPR

TPR

Tapestry Inc
NYSE
40.03
+0.59
+1.50%
After Hours: 40.05 +0.02 +0.05% 17:31 04/24 EDT
OPEN
39.39
PREV CLOSE
39.44
HIGH
40.07
LOW
39.03
VOLUME
4.83M
TURNOVER
0
52 WEEK HIGH
48.80
52 WEEK LOW
25.52
MARKET CAP
9.18B
P/E (TTM)
10.11
1D
5D
1M
3M
1Y
5Y
What Next For Investors As Tapestry's Acquisition Of Capri Goes To Court
Tapestry's acquisition of Capri Holdings is facing potential legal challenges from the Federal Trade Commission. The FTC argues the acquisition would negatively impact employees and create a dominant player in the "accessible luxury" handbag market. Tapestry disputes the FTC's conclusions and the case will go to court in 2024. I estimate a 60% chance the deal will proceed with the trial lasting between July and December 2024.
Seeking Alpha · 3h ago
Judge Jennifer Rochon to officiate FTC lawsuit to block Tapestry purchase of Capri
US District Court Judge Jennifer Rochon to officiate FTC lawsuit to block Tapestry purchase of Capri Holdings. The FTC on Monday sued to block the $8.5 billion purchase. The regulator says the deal would eliminate competition between Coach, Kate Spade, and Michael Kors.
Seeking Alpha · 10h ago
RPT-BREAKINGVIEWS-Kate Spade deal veto is lucky dip for trustbusters
U.S. Trustbusters challenging Tapestry’s $8.5 billion takeover of rival Capri is a soft target for FTC. The FTC says the deal would reduce competition for Kate Spade and Michael Kors. But the FTC's case is a lucky dip for trustbusters, says Jonathan Guilford. He says the FTC can draw a line to show companies face few competitors.
Reuters · 18h ago
The FTC wants to block a big handbag merger to preserve competition. ‘10,000 alternatives’ could complicate its case.
MarketWatch · 1d ago
BUZZ-U.S. STOCKS ON THE MOVE-Visa, Tesla, US energy sector
Dow Jones Industrial Average was up 0.77% at 38,535.1. Wall Street's main indexes advanced on Tuesday as growth and chip shares gained. Stocks like General Motors and Spotify rose on upbeat earnings updates ahead of quarterly reports from big technology companies. The top three S&P 500 percentage gainers were Globe Life, Danaher.
Reuters · 1d ago
Judge John Koeltl will preside over FTC lawsuit to block Tapestry purchase of Capri
Seeking Alpha · 1d ago
Why Capri Holdings And Tapestry Shares Are Falling Today
The Federal Trade Commission filed a lawsuit aiming to halt Tapestry's $8.5 billion purchase of Capri Holdings. The acquisition seeks to combine three close competitors. The FTC says the deal threatens to deprive consumers of the competition for affordable handbags. Capri says the FTC is the only regulator that did not approve the deal.
Benzinga · 1d ago
BUZZ-U.S. STOCKS ON THE MOVE-Neurocrine, SunPower, NextEra Energy
Dow Jones Industrial Average was up 0.53% at 38,444.3. Stocks like General Motors and Spotify rose on upbeat earnings updates. Growth and chip shares gained as growth and tech shares rose. Neurocrine, SunPower, NextEra Energy among the day's losers.
Reuters · 1d ago
More
About TPR
Tapestry, Inc. is a global house of luxury accessories and lifestyle brands. The Company's brands include Coach, Kate spade New York, and Stuart Weitzman. The Company operates through three segments: Coach, Kate Spade and Stuart Weitzman. The Coach segment includes global sales of Coach products to customers through Coach operated stores, including e-commerce sites and concession shop-in-shops, and sales to wholesale customers and through independent third-party distributors. The Kate Spade segment includes global sales primarily of kate spade new york brand products to customers through Kate Spade operated stores, including e-commerce sites and concession shop-in-shops, sales to wholesale customers, and through independent third-party distributors. The Stuart Weitzman segment includes global sales of Stuart Weitzman brand products primarily through Stuart Weitzman operated stores, sales to wholesale customers, through e-commerce sites, and through independent third-party distributors.

Webull offers Tapestry Inc stock information, including NYSE: TPR real-time market quotes, financial reports, professional analyst ratings, in-depth charts, corporate actions, TPR stock news, and many more online research tools to help you make informed decisions. Trade stocks for 0 commission and 0 contract fees on the web version for easy and convenient access, or download the Webull app and trade on the go.

You can practice and explore trading TPR stock methods without spending real money on the virtual paper trading platform.