LVMH stock price slips into weekend; traders eye U.S. payrolls, CPI for next move
LVMH shares closed at 536.20 euros in Paris on Friday, down 0.37%, extending losses after a sharp post-earnings selloff in late January. The stock is now about 9% below its Jan. 27 close. Investors await key U.S. and China economic data next week for signals on luxury demand. Patou, an LVMH brand, announced the departure of artistic director Guillaume Henry.