Lanvin Group (NYSE:LANV) Trading Down 5% - Here's What Happened

Key Points

• Lanvin Group shares fell 5% during mid-day trading, dropping from a previous close of $2.19 to $2.08.
• The stock saw a significant decline in trading volume, with only 35,553 shares traded, compared to an average of 170,435 shares.
• Lanvin Group operates multiple luxury fashion brands, including Lanvin, Wolford, St. John, Sergio Rossi, and Caruso.

Shares of Lanvin Group Holdings Limited (NYSE:LANV - ) fell 5% during mid-day trading on Thursday . The company traded as low as $2.04 and last traded at $2.08. 35,553 shares were traded during mid-day trading, a decline of 79% from the average session volume of 170,435 shares. The stock had previously closed at $2.19.

Lanvin Group Trading Down 5.0%

The stock has a 50-day moving average price of $2.25 and a two-hundred day moving average price of $2.17.

Lanvin Group Company Profile

Lanvin Group Holdings Limited operates as a couture house in the Europe, the Middle East, Africa, North America, China, and other Asian countries. It operates through five segments: Lanvin, Wolford, St. John, Sergio Rossi, and Caruso. The company offers ready-to-wear, made to measure, footwear, leather goods, costume jewelry, accessories, eyewear, and childrenswear under the Lanvin brand name; ready-to-wear, legwear, lingerie and beachwear, athleisure, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.

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