VIDEO: Ralph Lauren and Disney are big market movers
Ralph Lauren Corporation has taken a hit, and is down $16.38 to $173.13 The luxury retailer’s shares suffered their largest decline in more than a year after its outlook implies a weak quarter ahead. Comparable store sales also disappointed some investors. The Walt Disney Company is down as well, $1.14 to $65.91. The entertainment company says the cool reception for “The Lone Ranger” could lead to a loss in its fiscal fourth quarter.
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