Capri Holdings Limited (CPRI) Options

Capri Holdings is facing a class action lawsuit alleging securities fraud related to the failed Tapestry acquisition, with investors claiming that the company made false or misleading statements about the deal and downplayed antitrust risks.
Here's a more detailed breakdown:
The Lawsuit:
A class action lawsuit has been filed against Capri Holdings Limited (CPRI) and Tapestry, Inc., alleging securities fraud.
The Allegations:
The lawsuit alleges that Capri and Tapestry made false or misleading statements and/or failed to disclose material information about the proposed acquisition of Capri by Tapestry, which would have combined Tapestry's Coach and Kate Spade brands with Capri's Michael Kors brand.
The Failed Acquisition:
The Federal Trade Commission (FTC) sued to block the $8.5 billion acquisition, citing concerns that the combined company would harm consumers in the accessible luxury handbag market.
FTC's Concerns:
The FTC argued that the merger would eliminate direct competition between the two companies' brands in the accessible luxury handbag space, potentially leading to higher prices, reduced innovation, and fewer consumer choices.
Court Decision:
A federal court in New York granted the FTC's request for a preliminary injunction, effectively blocking the merger.
Class Period:
The lawsuit represents investors who traded Capri stock between August 10, 2023, and October 24, 2024.
Lead Plaintiff Deadline:
Investors who suffered losses during this period have a deadline to seek to be a lead plaintiff in the class action lawsuit. $CPRI

CPRI being bought out by Tapestry for $57 a share. Sold mine at 54.88 just now in premarket.

Congratulations to those bought/held CPRI...!!!

We need a breakout of $70 but now this stock has the potential to hit $100 and above!

wow

Loaded up here

$CPRI IS ALL THEY BAD NEWS BAKED IN, PRE EARNINGS.? REVERSAL ?

Better known as Michael Kors, NYSE:CPRI has suffered a drastic fall from the August high of $76. Retail has had it difficulties in that time as the economy in the last quarter of 2018 took a very negative stance as political unrest(shut down) and worldwide trade worries cut consumer confidence and spending. Results from the first quarter so far for retailers have been very mixed, with NYSE:JWN suffering a huge sell off post earnings .
Capri have made some moves to address issues within the company, firstly increasing product lines but keeping inventory under greater control to reduce discount selling.
New focus on e-commerce
Continued acquisitions .
Cost saving and streamlining of IT systems.
Its is expected that certain sections of the business will be in decline including licensing and Jewellery, but we think that is already in the discounted stock price.
We would look for a small entry pre earnings , with strong support below and add on any reversal.

This is definite long term. This stock has the potential of hitting $80 a share.

Earnings Out!

https://ih.advfn.com/stock-market/NYSE/capri-holdings-limited-ordinary-shares-CPRI/stock-news/79197852/capri-holdings-limited-announces-third-quarter-fis

Earnings out tomorrow morning. I expect very good numbers.

https://finance.yahoo.com/news/capri-holdings-limited-announces-reporting-133000052.html

Out the 7K long made money first hold made some money flipping blocks but took the hit today for tax loss, just do not see it coming back any time soon.

May look at it again in the future, surprised it got hit so hard but most retail has.

GLTA

Peace out.

Was going to catch the bottom and ride out some shares for a week or so, flipped 10K 4 times total 4.43 pts in gains just couldn't pull the trigger to throw in with the PT cut and fed nonsense, money has to be back in $JNJ in a certain time frame, still long my 7K shares and will add the 44K I made flipping to my long hold to lower my pps, I still see 70 by 1st week December

Peace out.

I know where I think they want to take it, it's just a matter of can they, risky either way watching close.

My guess is 42-43

Peace out

Catch what they are throwing as low as possible. Leave the ask be, let them try and run it to the sub floor.

Peace out.

This is a great time to buy. If this deal goes through I could see this stock hitting at least $100 a share.

Michael Kors $KORS Is Tanking After Possible Versace Deal, Know This Trade Level

Earlier today, it was reported that Michael Kors Holdings Ltd (NYSE:KORS) was in talks to buy Versace group for $2.4 billion. This news is causing KORS stock to plunge lower by more than 8.0 percent to $66.73 a share. So far today, the stock has been defended at its 200-day moving average around the $66.00 level. A failure to close below this key support area would trigger another leg lower for the stock. The next major support area for KORS stock will be around the $59.50 area. This is where the stock was defended in June 2018 and will likely be defended again when retested.




Nicholas Santiago
InTheMoneyStocks

https://seekingalpha.com/pr/17239302-michael-kors-holdings-limited-announces-first-quarter-fiscal-2019-results

It's back up to where it was before earnings. This stock has the potential to be like $RL I own shares in both stocks.

Trust me, It will go up again. Very good time to buy.

KORS trading signals predicted the downward trend last week while it was at a peak with the upward trend. Data relating to product demand, operational costs in ratio to the profit and other key areas of data all added up. #BluSignals https://www.blusignalsystems.com/kors-stock-drop-predictions-behind-numbers/

Michael Kors $KORS Tanks After Earnings, Know This Level

This morning, leading luxury retailer Michael Kors Holdings Ltd. (NYSE:KORS) is plunging lower by more than 12.0 percent to $59.51 a share. The company's cautious outlook disappointed the street and seems to be the catalyst for the decline. The next key support area for the stock will be around the 200-day moving average which is currently at $57.83. Unfortunately, the larger chart pattern is signaling more of a decline in KORS stock price. The next major support level on the weekly chart indicates the $50.00 area. This is where the chart has a convergence of important weekly chart moving averages and a major gap window from late October 2017. Traders should keep KORS on the radar around this level for a long side trade.





Nicholas Santiago
InTheMoneyStocks

Earnings out!

Zacks Rank: 1-Strong Buy

This one is going to jump on earnings

They beat the estimate for this quarter and they are focusing on online retail and strong emerging market this should skyrocket

Michael Kors Holdings $KORS Attempting Breakout Here...

Shares of Michael Kors Holdings Ltd (NYSE:KORS) are attempting to breakout today. The stock is currently trading at $38.47. Based on current charting, a close above $38.50 will likely send it to $41.30 within a week or two. The $41.30 level is a gap fill, known in technical analysis as resistance. This is a solid chart breakout play for investors who trade off the stock charts. Michael Kors Holdings is bullish here and likely to make money for those buying...




Gareth Soloway
InTheMoneyStocks

KORS valuation models show big upside before earnings...long

Analysis

Michael Kors numbers are telling you to be very cautious ...
Read about it http://seekingalpha.com/article/3980784-michael-kors-numbers-telling-cautious

Back in $44

Out $47.60 thank you

In $43 stock repurchase + stock buyback

Its a falling knife. Anyone's guess 35? I wouldn't be surprised.

Does anyone know we're investors can expect support in KORS?

Wait till the dust settles. If it hasnt fallen today its because it will fall a bit more tomorrow.

$KORS is a strong buy now. All analysts downgraded this stock. That means they sold all their shares. Everyone has a negative view of the stock and the earth is going to swallow KORS. This is the best time to buy a stock. When no one wants any shares.

* * $KORS Video Chart 05-27-15 * *

Link to Video - click here to watch the technical chart video

46.00 now
I know its six months later
but...
never thought those handbags were great looking
compared to say, Birkin etc

MK

With our prices dropping KORS should do well tomorrow

$80 Eow

Nice day KORS

KORS long

I agree. There's lots of room back up to the $101 high.

Could be a Christmas season winner.

Trueheart

good buy here long term

William Blair Reaffirms Market Perform On Michael Kors Despite Strong Quarterly Earnings http://bit.ly/1pALMlM

Glad I soaked them up at those levels yesterday ;)

Thanks for that heads up Beazy...

Def. a nice dip opportunity here, but I have all my funds tied up at the moment =P

GLTA invested here

Interesting

What girl doesn't have a KORS bag lol

Bargain prices here on pullback

Nice runner here...