Canada Goose Plunges 11.24% Amid Trade Tensions

Generado por agente de IAAinvest Movers Radar
viernes, 25 de abril de 2025, 8:34 am ET1 min de lectura
GOOS--

On April 25, 2025, Canada Goose's stock experienced a significant drop of 11.24% in pre-market trading, marking a notable decline in the luxury outerwear company's share price.

Canada Goose has seen a substantial decrease in its stock value over the past year, with shares plummeting 27% over the past 52 weeks and 19% over the last six months. This downward trend has raised concerns among investors about the company's performance and future prospects.

One of the key factors contributing to the decline in Canada Goose's stock price is the impact of trade tensions and political uncertainties. The ongoing trade war and annexation threats have led to a shift in consumer behavior, with Canadians canceling trips to the U.S. and refusing to buy American goods. This has had a ripple effect on the luxury retail sector, including Canada GooseGOOS--, as consumers become more cautious with their spending.

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