A Glittery Prada Turns Investors’ Heads Too Far

Fashionistas can seem hysterical when it comes to the latest trends. But fashion company shareholders don’t appear immune.

When Italian luxury goods maker Prada revealed poor first half results last September, its Hong Kong-listed shares slumped 12%. On Monday, after it said sales for the first two months of 2018 were up 7.5%, its stock jumped 15%. Some moderation is in order.

Sure,... Nguồn: www.wsj.com