LVMH Stock Skyrockets: Chinese Luxury Boom Sparks 12% Rally
Price Movements and Technical Snapshot On Oct. 15 the LVMH share price (MC.PA) surged to about €600 – roughly 12% above the prior close Reuters. Over the prior week the stock had drifted down to around €533 (Oct. 14 close) before rebounding on the earnings news. For context, LVMH’s 52-week range was roughly €437–€763 Investing, so the current price is…