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Tuesday, May 01, 2018 12:18:28 PM
Tapestry Inc (NYSE:TPR), formerly known as Coach Inc, is a leading design house of luxury and lifestyle collections. The company's brands include Coach, Kate Spade, and Stuart Weitzman. Earlier today, the company reported earnings and the stock is plunging lower on the news. Yesterday, the stock closed at $53.77 a share ahead of the earnings announcement. Today. TPR stock is trading at $47.35 a share which is a 12.0 percent decline. Traders should note that the stock is now trading below it's important 50 and 100-day moving averages. This is a very negative sign for the equity and likely indicates lower prices ahead. Traders and investors must now watch the $42.00 area as the next major support level. This is where the stock broke out of a bearish base in December 2017. Very often, when a stock back tests a major break out level it will be excellent support again.
![](http://www.inthemoneystocks.com/images/TPR%205.1.18.png)
Nicholas Santiago
InTheMoneyStocks
Recent TPR News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/03/2024 10:33:06 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 10:01:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 10:23:17 PM
- Walmart Corporate Job Cuts and Office Centralization, GameStop and AMC Surge, and More News • IH Market News • 05/14/2024 11:26:02 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:02:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 10:45:42 AM
- Tapestry, Inc. Delivers Q3 Earnings Ahead of Expectations • Business Wire • 05/09/2024 10:45:00 AM
- Alphabet CEO’s Billion-Dollar Wealth, Microsoft’s $1.7B Indonesia Investment, and More News • IH Market News • 04/30/2024 11:58:40 AM
- Tapestry, Inc. to Host FY24 Third Quarter Earnings Call • Business Wire • 04/25/2024 10:45:00 AM
- Apple Loses Market Share in China, GM Surges in Pre-Market Following Upward Revisions for 2024 Projections, and More News • IH Market News • 04/23/2024 11:25:34 AM
- Tapestry, Inc. Responds to the FTC’s Lawsuit • Business Wire • 04/22/2024 08:59:00 PM
- Apple to Invest $250 Million in Singapore Expansion, Oracle Commits $8 Billion to Japan Infrastructure, and More News • IH Market News • 04/18/2024 11:11:52 AM
- Ericsson Soars with 66% Net Profit Growth; Live Nation Under Antitrust Scrutiny in US, and More News • IH Market News • 04/16/2024 11:18:19 AM
- Exxon Mobil Forecasts Earnings Decline, Twilio Seeks Board Tenure Changes, and More News • IH Market News • 04/04/2024 11:30:20 AM
- CNOOC Oil Field Discovery in South China Sea, Grifols Surges 18% After KPMG Approval, and Latest News • IH Market News • 03/08/2024 11:19:59 AM
- Tapestry Expands Partnership With Bluecore to Include Kate Spade Following Success With Coach and Stuart Weitzman • GlobeNewswire Inc. • 03/07/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:07:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:08:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:08:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:05:53 PM
- Tapestry, Inc. Appoints Kevin Hourican and David Elkins to Board of Directors • Business Wire • 02/29/2024 11:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 11:43:58 AM
- COACH INTRODUCES "FIND YOUR COURAGE" • PR Newswire (US) • 02/15/2024 02:00:00 PM
- COACH INTRODUCES FALL 2024 COLLECTION • PR Newswire (US) • 02/13/2024 12:43:00 AM
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM