Advertisement
UK markets open in 25 minutes
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,247.67
    +46.40 (+0.27%)
     
  • CRUDE OIL

    82.96
    +0.15 (+0.18%)
     
  • GOLD FUTURES

    2,331.40
    -7.00 (-0.30%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • Bitcoin GBP

    51,504.21
    -1,832.42 (-3.44%)
     
  • CMC Crypto 200

    1,390.59
    +8.01 (+0.58%)
     
  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

Why LVMH Stock Is Down 27% This Year

Why LVMH Stock Is Down 27% This Year

LVMH Moet Hennessy (OTC: LVMUY) (OTC: LVMHF), the world's largest luxury goods maker, just announced solid third-quarter results. Russia's invasion of Ukraine this February, which sparked a war that hasn't ended yet, has been throttling Europe's economic growth with higher energy and food prices.