Previous close | 717.64 |
Open | 715.45 |
Bid | 714.06 x 1300 |
Ask | 718.18 x 1000 |
Day's range | 715.45 - 718.00 |
52-week range | 657.00 - 958.69 |
Volume | |
Avg. volume | 4,870 |
Market cap | 360.888B |
Beta (5Y monthly) | 0.96 |
PE ratio (TTM) | 23.40 |
EPS (TTM) | 30.69 |
Earnings date | 23 July 2024 |
Forward dividend & yield | 14.01 (1.96%) |
Ex-dividend date | 02 Dec 2024 |
1y target est | N/A |
China will be imposing tariffs on European brandy imported into the country, taking effect Friday, October 11, with import taxes ranging anywhere between 30.6% to 39%. The Morning Brief's Seana Smith and Brad Smith take a closer look at this decision — noting it to be a retaliation by Chinese officials for Europe's EV tariffs — and how it seems to already be impacting shares of luxury French liquor makers LVMH (MC.PA) and Pernod Ricard (RI.PA). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Investing.com -- Liberty Media's Formula One and luxury group LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) announced Wednesday they are entering a 10-year partnership.
HSBC has maintained a cautious outlook on LVMH (EPA:LVMH) stock, citing "short-term uncertainties" that weigh on its performance prospects, particularly in the coming months. The luxury goods conglomerate, despite its strong portfolio and dominance in the high-end market, faces several challenges that are likely to affect its near-term performance. Analysts at HSBC pointed out that LVMH’s flagship brand, Louis Vuitton, has remained strong amid a challenging macroeconomic environment.