Tapestry Inc. Stock Falls 16.5%, Underperforms Market

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Tapestry Inc. plunged 16.5% to $128.39 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,798.99 and the Dow Jones Industrial Average rising 0.1% to 53,839.99.

This was the stock's third consecutive day of losses.

Tapestry Inc. closed 22.1% below its 52-week high of $164.80, which the company reached on August 10th.

, as Tapestry Inc. fell 16.5% to $128.39, Capri Holdings Ltd. rose 0.3% to $15.60, and Ralph Lauren Corp. Cl A fell 2.26% to $387.39.

Trading volume totaled 8.5 million, compared to the 50-day average of 2.6 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 13, 2026 16:33 ET (20:33 GMT)