Coach Hits a Pothole
Coach (COH) shares are taking a massive hit Wednesday afternoon following this morning's pre-open earnings report. Investors began aggressively dumping shares in the pre-market, pushing COH to a huge downside opening gap. Volume pacing the decline is massive and will easily be the stock's heaviest downside day ever by the close. At midday COH is off 15% $51.27 to as it stabilizes just below the September through November lows.
Coach (COH) Source: TradeStation View Chart » View in New Window » ...278 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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