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Why LVMH Stock Was Sliding Today
The Motley Fool· 2025-07-29 03:05
Investors seemed to be disappointed with the new trade deal between the E.U. and the U.S.Shares of LVMH Louis Vuitoon Moet Hennessy (LVMUY -2.09%) were pulling back today after the luxury conglomerate giant as investors continued to digest last week's disappointing earnings report and reacted to the new tariff agreement between the U.S. and the European Union.As of 1:45 p.m. ET, the stock was down 2%. Luxury weakness continuesLVMH was one of several high-profile European stocks to fall today, including Hein ...