Victoria's Secret maintains composure within $38 to $39.27 range

Published: January 26 2023, 07:00 GMT+0

Victoria's Secret maintains composure within $38 to $39.27 range

A quick look at yesterday: pronounced bearish sentiment in the market pushed the prominent lingerie supplier into a notable 0.46% slide yesterday, falling 18 cents and ultimately closing at $39.18.

  • Trading volume totalled 1 million which equates to around 69% of the stock's 21-day average yesterday.

The prominent lingerie supplier has gained 19.31% since its lowest print of $26.8 earlier this year. The company has a market cap of $3.17 billion with an average daily volume of 1.50 million shares. Victoria's Secret expected revenue of $1.32 billion with an EPS of 23 cents.

Meanwhile, mixed performances were seen by other consumer discretionary stocks as Walt Disney was up 2%. McDonald's added 1.28% to its value, and traded at $273. Amazon gained 0.89%, as it traded at $97.18.

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