VF Corp, PVH, Bally's, Warner Music Group, and Under Armour Stocks Trade Down, What You Need To Know
Several stocks, including VF Corp, PVH, Bally's, Warner Music Group, and Under Armour, experienced declines in the afternoon trading session. This downturn was triggered by new economic data, specifically a stall in real consumer spending and a gloomy consumer sentiment index, which heightened market agitation ahead of the Federal Reserve's policy decision. The article suggests that such significant price drops can create buying opportunities for high-quality stocks.
https://finance.yahoo.com/news/vf-corp-pvh-ballys-warner-211116692.html