LVMH Stock Surges 12% on China Boost – Luxury Giant Regains Momentum
Stock Soars on Q3 Sales Beat 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 trade Investing. 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…