Capri Holdings (NYSE:CPRI) plunged 50% in after hours trading after a federal judge blocked its $8.5 billion planned sale to Tapestry (TPR). Shares of Tapestry jumped 7.5%. US District Judge ...
Shares of Capri tumbled after a federal judge blocked the company's $8.5 billion sale to its fashion rival Tapestry. Capri's stock fell 50% to $20.85 in post-market trading on Thursday, while Tapestry ...