LVMH Moet Hennessy Louis Vuitton SE stock price

LVMH Moët Hennessy Louis Vuitton SE (EPA: MC) said late on Tuesday that its sales in the first quarter topped market estimates, despite the Coronavirus-related restrictions. The COVID-19 crisis has so far infected more than 130 million people worldwide and caused over 2.9 million deaths. LVMH shares opened a…

Shares of LVMH (EPA: MC) soared 2.6% yesterday after the luxury fashion group said it completed the takeover of Tiffany’s for $15.8 billion. Fundamental analysis: Top executive to head Tiffany’s LVMH said it appointed two senior Louis Vuitton executives as new directors of Tiffany and revamped the jewellery company’s…

European markets have modest gains today to break a series of consecutive losses on a daily basis. Separately, the International Monetary Fund (IMF) warned about the stock market correction in the coming months.  Fundamental analysis: IMF issues a warning The IMF said financial markets may decline in the following…

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