1 Big Red Flag Sent Tiffany & Co. Shares Tumbling

December 8, 2018
by
The Motley Fool
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1 Big Red Flag Sent Tiffany & Co. Shares Tumbling

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High-end jewelry company Tiffany & Co. (NYSE: TIF) reported its third-quarter results Wednesday, and the market did not like what is saw. Traders dumped the stock hard, leading to its worst day’s slide in four years. Sales declines among Chinese consumers were the trouble, and given the size of that market — and the prospects for further trade troubles between the Washington and Beijing, pessimism kicked in.

In this segment of the Nov. 28 podcast, MarketFoolery host Chris Hill and MFAM Funds’ Bill Barker discuss the outlook for Tiffany, and whether the shares look tempting in the wake of the selloff.

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