LVMH Shares Surge 13% as Luxury Giant Returns to Growth and Strengthens Global Market Leadership
Shares of LVMH Moët Hennessy Louis Vuitton SE surged nearly 13% on Wednesday, marking the company’s strongest market reaction this year after it reported a long-awaited return to growth and reaffirmed its dominance in the global luxury sector. In its third-quarter earnings update released Tuesday evening, the French luxury powerhouse reported 1% organic revenue growth […]