Capri Holdings Limited ($CPRI) Stock Forecast: Down 5.0% Today

What is Capri Holdings Limited?

Capri Holdings Limited (CPRI) is a global fashion luxury group that owns iconic brands such as Versace, Jimmy Choo, and Michael Kors. The company operates in the retail sector and is listed on the New York Stock Exchange (NYSE).

Why is Capri Holdings Limited going down?

CPRI stock is down 5.0% on Jan 8, 2025 15:23

• The bearish movement in CPRI's stock today can be attributed to the multiple class action lawsuits being filed against the company by various law firms, leading to investor uncertainty and negative sentiment surrounding the stock.
• The legal troubles and impending deadlines for shareholders to join the class action suits have likely created a cloud of uncertainty around CPRI, causing investors to sell off their positions and driving the stock price lower.
• The negative news coverage and investor alerts regarding the lawsuits have possibly eroded confidence in the company's management and financial performance, further contributing to the downward pressure on CPRI's stock.
• In conclusion, the legal challenges and looming deadlines for shareholder actions have cast a shadow over CPRI's stock performance today, leading to the bearish market movement.

CPRI Price Chart

CPRI Technical Analysis

CPRI News

CAPRI HOLDINGS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Capri Holdings Limited - CPRI - Capri Holdings ( NYSE:CPRI )

NEW ORLEANS, Jan. 07, 2025 ( GLOBE NEWSWIRE ) -- Kahn Swick & Foti, LLC ( "KSF" ) and KSF partner, former Attorney General of Louisiana, Charles C.

https://www.benzinga.com/pressreleases/25/01/g42865973/capri-holdings-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-

DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Capri Holdings - Capri Holdings ( NYSE:CPRI )

Faruqi & Faruqi, LLP Securities Litigation Partner James ( Josh ) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Capri To Contact Him Directly To Discuss Their Options

https://www.benzinga.com/pressreleases/25/01/g42864045/deadline-alert-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investors-of-capri-holdings

Capri Holdings Limited Investors: Please contact the Portnoy Law Firm to recover your losses. February 21, 2025 Deadline to file Lead Plaintiff Motion. - Capri Holdings ( NYSE:CPRI )

Investors can contact the law firm at no cost to learn more about recovering their losses

https://www.benzinga.com/pressreleases/25/01/g42864037/capri-holdings-limited-investors-please-contact-the-portnoy-law-firm-to-recover-your-losses-februa

February 21, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against CPRI - Capri Holdings ( NYSE:CPRI )

NEW YORK, Jan. 07, 2025 ( GLOBE NEWSWIRE ) -- The Gross Law Firm issues the following notice to shareholders of Capri Holdings Limited CPRI. Shareholders who purchased shares of CPRI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff ...

https://www.benzinga.com/pressreleases/25/01/g42856662/february-21-2025-deadline-contact-the-gross-law-firm-to-join-class-action-suit-against-cpri

CPRI INVESTOR NOTICE: Capri Holdings Limited Investors are Notified of Upcoming February 21 Class Action Deadline - Contact BFA Law if You Lost Money ( NYSE:CPRI ) - Capri Holdings ( NYSE:CPRI )

NEW YORK, Jan. 07, 2025 ( GLOBE NEWSWIRE ) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Capri Holdings Limited CPRI, Tapestry, Inc., and certain of Capri and Tapestry's senior executives for potential violations of the federal ...

https://www.benzinga.com/pressreleases/25/01/g42842301/cpri-investor-notice-capri-holdings-limited-investors-are-notified-of-upcoming-february-21-class-a

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Capri Holdings Limited Price History

17.09.2024 - CPRI Stock was down 2.3%

• The recent downtrend in CPRI stock price could be linked to negative sentiment in the retail sector, potentially driven by concerns about consumer spending or economic instability.
• A downgrade of Uber Technologies (NYSE: UBER) by a prominent Wall Street analyst might have influenced investor confidence in companies like CPRI.
• Investor interest in luxury fashion stocks like CPRI could be waning, with a shift towards industries seen as more resilient or promising in the current market environment.
• The market performance of CPRI could also be impacted by general market trends or macroeconomic conditions affecting the retail sector broadly.

30.09.2024 - CPRI Stock was down 6.4%

• CPRI's short percent of float has increased, indicating growing bearish sentiment among investors.
• The stock plummeted after a judge blocked its acquisition by Tapestry, leading to uncertainty and negative market reaction.
• The news of the failed merger with Tapestry likely caused concerns about CPRI's future growth and strategic direction, contributing to the bearish trend.
• Retail investors on platforms like Stocktwits and pre-market trading activities reflected the market's attention and reaction to CPRI's latest developments.

08.10.2024 - CPRI Stock was down 13.5%

• CPRI reported Q2 earnings and revenues that missed expectations, reflecting soft demand for luxury fashion globally.
• The dip in gross margin year over year also contributed to the bearish movement in CPRI stock.
• Analysts' insights on key performance measures for CPRI's Q2 earnings might have further fueled the negative sentiment towards the stock.
• The overall outlook for the luxury fashion industry and CPRI specifically seems to be under pressure, impacting the stock's performance negatively.

21.07.2024 - CPRI Stock was up 6.6%

• The surge in bullish options trading for Capri Holdings suggests a high level of confidence and optimism among investors, leading to increased buying pressure on the stock.
• The significant amount of money being poured into bullish options trades indicates a positive sentiment towards the company's future performance and growth prospects.
• This flurry of bullish options activity could be driven by positive news, strong earnings expectations, or anticipation of favorable market conditions for the luxury fashion industry, all contributing to the stock's upward momentum today.

26.10.2024 - CPRI Stock was up 6.5%

• Analysts have recently turned bullish on Eastman Chemical, which could indicate a positive sentiment in the chemical industry.
• The upgrade in analyst ratings for Capri Holdings might have influenced investors' confidence in the stock, leading to a bullish movement.
• The overall positive outlook on top names like Eastman Chemical and Capri Holdings could be driving optimism in the market, contributing to CPRI's bullish movement today.

06.10.2024 - CPRI Stock was up 7.6%

• CPRI stock showed a robust upward trend today.
• Expectations among analysts for the upcoming Q2 earnings report of Capri Holdings (CPRI) vary.
• Despite predictions of a decrease in earnings, investors display optimism about CPRI's performance, resulting in the positive movement in the market.
• The market's favorable response could be linked to potential strategic actions or operational efficiencies within Capri Holdings, which are balancing out concerns about the projected earnings decrease.

25.09.2024 - CPRI Stock was down 47.3%

• The bearish movement in CPRI's stock price was triggered by a judge's decision to block its acquisition by Tapestry, Inc. (TPR), leading to uncertainty and disappointment among investors.
• The failed merger with Tapestry Inc. likely raised concerns about CPRI's growth prospects and strategic direction, causing a sell-off in the stock.
• The high level of bearish sentiment towards CPRI was further exacerbated by the company's stock dropping by half after the judge's ruling, signaling a lack of confidence in the company's future performance.
• Despite smart money betting big on CPRI options, the negative impact of the failed merger news overshadowed any potential bullish indicators, resulting in a sharp decline in the stock price.

25.09.2024 - CPRI Stock was down 46.0%

• CPRI stock experienced a strong bearish movement following reports that a judge has blocked the company's pending merger with Tapestry Inc.
• The news of the blocked merger likely caused uncertainty and concern among investors, leading to a significant sell-off in CPRI shares.
• The bullish positioning of high-rolling investors in CPRI options may not have been enough to offset the negative impact of the failed merger, resulting in the bearish market movement today.
• Investors should closely monitor any developments regarding the merger and its potential implications on CPRI's future performance.

08.00.2025 - CPRI Stock was down 5.0%

• The bearish movement in CPRI's stock today can be attributed to the multiple class action lawsuits being filed against the company by various law firms, leading to investor uncertainty and negative sentiment surrounding the stock.
• The legal troubles and impending deadlines for shareholders to join the class action suits have likely created a cloud of uncertainty around CPRI, causing investors to sell off their positions and driving the stock price lower.
• The negative news coverage and investor alerts regarding the lawsuits have possibly eroded confidence in the company's management and financial performance, further contributing to the downward pressure on CPRI's stock.
• In conclusion, the legal challenges and looming deadlines for shareholder actions have cast a shadow over CPRI's stock performance today, leading to the bearish market movement.

14.10.2024 - CPRI Stock was up 5.1%

• The termination of the $8.5B merger deal with Tapestry Inc. (TPR) might have been perceived positively by investors, indicating potential strategic shifts or better opportunities for CPRI.
• Despite missing Q2 earnings and revenues due to soft demand and a dip in gross margin, the market may have reacted bullishly if investors believe that the worst is priced in and anticipate a turnaround in the near future for CPRI.
• The market movement could also suggest that investors are focusing more on the long-term growth prospects of CPRI's luxury brands rather than short-term financial results.

05.11.2024 - CPRI Stock was down 5.1%

• The significant increase in short interest for Capri Holdings (CPRI) indicates a growing bearish sentiment among investors.
• The rise in shares sold short to 7.67% of all regular shares available suggests that investors are increasingly betting on a decline in CPRI's stock price.
• This surge in short interest could be driven by concerns over the company's performance, market conditions, or future outlook, leading to the bearish movement in CPRI's stock today.

19.10.2024 - CPRI Stock was down 5.3%

• The termination of the merger agreement between Tapestry, Inc. and Capri Holdings Limited could have led to uncertainty and negative sentiment surrounding CPRI's future prospects, contributing to the bearish movement.
• The bullish approach adopted by deep-pocketed investors towards CPRI options may not have been enough to counterbalance the overall market sentiment following the merger termination news.
• Comparisons between CPRI and other stocks in the Retail Apparel and Shoes sector, like Urban Outfitters, might have highlighted weaknesses or concerns specific to CPRI, further impacting its stock performance.
• The legal hurdles and struggles could have eroded investor confidence in CPRI, leading to the strong bearish movement observed in the market today.