LVMH Reportedly Eyes Ralph Lauren Takeout
Shares of Ralph Lauren gained today on reports that luxury goods giant LVMH has held talks to buy the outfitter.
Ralph Lauren added points intraday, before closing down 0.4% at the close. It’s up 0.58% over the last week, but up 17% over the last month.. so maybe it’s fair to say that the street has been well-acquainted with this newly reported insight.