LEVI - Levi's sell-off underscores disconnect between demand for denim and guidance
2024-06-27 10:58:31 ET
After a mixed Q2 earnings report and hike in its quarterly dividend, shares of Levi Strauss ( NYSE: LEVI ) continue to lose ground and are now looking at a record-setting drop in the stock, cutting through supports at its 50- and 100-day moving averages like a hot knife through butter....
Levi's sell-off underscores disconnect between demand for denim and guidance