Kate Spade & Co. (NYSE: KATE) narrowed second quarter losses more than expected to 3 cents per share from 36 cents per share in the year ago period as revenue climbed but the stock price plummeted $9.87 to close at $29.00 over concerns of slowing growth.
Kate Spade plummets over growth concerns
August 12, 2014 at 16:56 PM EDT