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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (52697)	1/25/2019 9:06:02 AM
From: Goose94	Read Replies (1) \| Respond to of 203441

Canada Goose Holdings (GOOS-T) had its biggest drop in almost a year after Wells Fargo cut its rating on the stock to "market perform," citing a less compelling valuation and a slowdown in popularity on the Wed. Boruchow said in a note Thursday that Google searches and Instagram engagement for Canada Goose slowed over the holiday season. He also sees global brand valuations facing pressure from risks in China, a slowdown in Europe, foreign currency headwinds and sluggish tourism. Shares of Canada Goose tumbled $4.73 to close in Toronto on Thursday at $61.53. Thursday's slide was the biggest drop since February, 2018. Trading volume was more than twice the three-month daily average. The retailer is expected to report fiscal third quarter results in early February. BMO analyst Brian Belski was bullish on Canada Goose. He rated the shares "outperform." The shares were then worth $40.15. The Post reported on Sept. 27, 2018, that Wall Street was warming up to Canada Goose. It shares could then be had for $83.46.