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Tapestry's Trading Volume Surges 57.55% to $305 Million Ranking 328th in Market Activity
Generated by AI AgentAinvest Market Brief
Wednesday, May 21, 2025 7:41 pm ET1min read
On May 21, 2025, Tapestry's trading volume reached $305 million, marking a 57.55% increase from the previous day and ranking 328th in the day's stock market activity. Tapestry's stock price fell by 3.39%.
Coach, a subsidiary of
, continues to drive the company's strong performance. In the third quarter of 2025, Coach's sales increased by 6.9%, surpassing expectations and leading to an upward revision of Tapestry's full-year 2025 guidance. The company's profitability also exceeded market forecasts, contributing to its overall positive outlook.Tapestry's strategic focus on luxury goods, including brands like Coach, Kate Spade, and Stuart Weitzman, positions it as a leader in the apparel and accessories sector. The company's expansion into new markets and product lines further solidifies its competitive edge in the industry.
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