LVMH Stock Surges 12% on China Boost – Luxury Giant Regains Momentum
LVMH shares skyrocketed after the company’s third-quarter update hinted at a turnaround. When markets opened on Oct. 15, the stock spiked about 12%, hitting roughly €597 in morning tradeinvesting.com. It was the steepest intraday jump LVMH has seen in almost two years, propelling the company back to the top of France’s market capitalization rankingsreuters.com. The catalyst was LVMH’s better-than-expected Q3 sales report: organic revenue increased ~1% in the quarter, a sharp improvement from declines earlier in 2025reuters.com. This modest growth – driven largely by a rebound in Chinese luxury spending – broke a streak of negative quarters and “offered some solace to a luxury goods sector grappling with a prolonged slump,” as Reuters notedreuters.com.
