Reported 1 day ago
Tapestry, Inc. (TPR) is under significant pressure as insiders and short sellers aggressively exit, reflecting growing concerns about the company's future amidst broader market turmoil influenced by political changes. The company has seen a marked decline in insider holdings by 19.45% and a short float of 8.08%, raising alarms about its resilience amid increasing debt and declining cash flow. Analysts advise investors to monitor these insider movements for better portfolio decisions, and some suggest that investing in AI stocks may offer better returns than TPR.
Source: YAHOO