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https://markets.businessinsider.com/news/stocks/luxury-recession-boom-consumer-spending-lvmh-stock-price-us-economy-2023-10
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Tumbling Share Prices Point to Waning Luxury Spending Boom - Markets Insider
10/14/23 at 12:45pm
Organization
Business Insider
Author
Jennifer Sor
Details
34 words
Summarize
Business & Industrial
Business News
Investing
Share Prices Point
Waning Luxury Spending Boom
LVMH
Bank of America
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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