The Biggest Loser: PVH Slumps 5.1%
December 02, 2016 at 17:08 PM EST
PVH ( PVH ) slipped to the bottom of the S&P 500 today as consumer discretionary stocks fell. Shares of PVH dropped 5.1% to $102.45 today, while the S&P 500 finished little changed at 2,191.95. The S&P 500 Consumer Discretionary Sector index fell 0.6% PVH reported better-than-expected earnings on Nov. 30, but offered disappointing guidance . In a note released on Dec. 1, Wunderlich analyst Eric Beder kept the faith with the stock: