IPO KORS should reach 1,680,700 shares, the volume required for a pocket pivot.
KORS markets luxury apparel, accessories, and footwear in 74 countries. Industry group rank 63rd out of 202 groups. Earnings and sales have been robust, showing that this company seems to know how to properly place and market their merchandise.
Keep in mind that this stock had its IPO recently so is subject to volatility that may be beyond some risk tolerance levels. Position size appropriately.
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