https://markets.businessinsider.com/news/stocks/luxury-recession-boom-consumer-spending-lvmh-stock-price-us-economy-2023-10
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10/14/23 at 12:45pm
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Business Insider
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Jennifer Sor
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Shares of LVMH tumbled after weaker than expected earnings this week. BofA estimates luxury good stocks broadly are down 17% from recent highs.
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