Guess -12% after Kate Upton accusation against exec

Published 02/01/2018, 12:06 PM
© Reuters.  Guess -12% after Kate Upton accusation against exec
URBN
-
GES
-
  • Shares of Guess (NYSE:GES) are down 12% in a sharp swing that could be directly related to a tweet from supermodel Kate Upton.
  • "It’s disappointing that such an iconic women’s brand @GUESS is still empowering Paul Marciano as their creative director," tweeted Upton with the hashtag #MeToo included.
  • On Instagram, Upton directly accused the Guess exec of using his power to sexually harass women.
  • Trading volume on Guess is sky-high, with over 1.4M shares trading hands already.
  • Now read: Urban Outfitters (NASDAQ:URBN): Here We Go Again


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.