August 1, 2012
The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with Charly Travers, Jason Moser, and Joe Magyer, discuss the latest business news. Shares of Coach fell 17% on Tuesday after quarterly sales came in lower than expected. The news also dragged down shares of other luxury stocks, including Tiffany and Fossil. In this segment, the guys analyze whether Coach's earnings were an isolated incident or if the run for luxury stocks as a category is over.
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