Why These Apparel and Footwear Stocks Jumped This Week
Levi Strauss (NYSE: LEVI), Capri Holdings (NYSE: CPRI), and Crocs (NASDAQ: CROX) stocks all beat the market this week as shares rose over 12% through Thursday trading compared to a 5% surge in the broader market, according to data provided by S&P Global Market Intelligence.
The spikes weren't enough to put any of the stocks back in positive territory, though, and they all are still trailing the market so far in 2022. The apparel and footwear specialists bounced back from losses in previous weeks as Wall Street started to look past manufacturing and demand challenges in China.
Image source: Getty Images.
Source Fool.com
