Ermenegildo Zegna stock tumbles 13% after BofA downgrade as traders eye Feb. 2 update

Ermenegildo Zegna N.V. shares closed down 13.25% at $9.56 on Friday, snapping a run that had pushed the luxury menswear group above $11 a day earlier. The stock traded between $9.53 and $10.59, with about 2.21 million shares changing hands.

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