LVMH stock price: investors circle Feb. 3 after Moët Hennessy pay deal, strike call
LVMH shares closed up 0.8% at 546.90 euros Friday but remain down 15% for the year. Hennessy reached a pay deal with unions, while Moët & Chandon and Veuve Clicquot face a strike Feb. 3. A Bain report flagged a fragile luxury rebound in China. Barclays cut its LVMH target price to 570 euros.