Fossil (FOSL)’s 40% Fall and the European Excuse – ValueWalk Premium

Fossil (FOSL)’s 40% Fall and the European Excuse

Fossil Inc. (NASDAQ:FOSL) was falling hard on the market this morning after a disappointing earnings report which included a warning that the rest of the year would not be as good as had previously been anticipated. The stock is down nearly 40% to 79.75 at time of writing, a drop of 45.91 from yesterday's close.

The watch maker posted profits of 93 . . .

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