Why the failed Capri merger is 'very good' for Tapestry stock

By Yahoo! Finance | Oct 25, 2024 at 05:00 PM EST

Capri Holdings stock dropped due to antitrust concerns blocking its acquisition by Tapestry. Analyst Aneesha Sherman discusses the impact, suggesting the deal may collapse and be beneficial for Tapestry. Capri may benefit by selling certain brands.

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