The luxury brand received a buyout proposal toward the end of the year that sent the shares soaring.
News & Analysis: Tiffany & Co.
Sales trends have perked up for the jewelry giant over the last few months.
LVMH's stock is up despite the company agreeing to the pricey acquisition of Tiffany.
On a record day on Wall Street, big acquisitions were well received by investors.
And more important: Should you sell now or wait?
Tiffany’s position in the jewelry market, its earnings growth, and its valuation mean it can continue along just fine without French luxury giant LVMH.
Luxury giant LVMH has made a bid to add Tiffany & Co. to its extensive profile of 75 high-end brands.
A buyout offer pushed shares higher last month, but those gains might quickly disappear.
The S&P 500 closed at a record, with AT&T rising after its earnings report and Tiffany soaring on news of a buyout offer.
This analyst thinks Tiffany stock looks shiny -- but the jewelry retailer's numbers fail to dazzle.