Michael Kors Shares Fall As Major Shareholder Sells 5.7% Stake

September 06, 2014   |   September 2014 Bond Updates
Shares of luxury retailer Michael Kors are down 5% in early Friday trading following an after-hours announcement Thursday evening that one of its founding investors, major shareholder Sportswear Holdings, is selling its 5.7% stake in the company.

View more at: http://www.forbes.com/sites/maggiemcgrath/2014/09/05/michael-kors-shares-fall-as-major-shareholder-sells-5-7-stake/
 
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