From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 40s
Boot Barn Holdings Drops 5.2% Amid Sector-Wide Selling
Boot Barn Holdings falls 5.2% as apparel retailers face sector-wide selloff.
In brief
Boot Barn Holdings falls 5.2% as apparel retailers face sector-wide selloff. Boot Barn Holdings dropped 5.2% on Friday due to technical trading pressure from sector-wide selling among apparel retailers. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Boot Barn Holdings Plunges
Boot Barn Holdings plunged 5.2% on Friday as a sector-wide selloff dragged down apparel retailers across the board.
Peer Companies Decline
Urban Outfitters down 3.0%, Gap declining 3.1%, Abercrombie & Fitch sliding 4.1%, and Buckle tumbling 4.6%.
Market Reaction
Trading volume reached 706,226 shares, bringing market capitalization to $3.9 billion as the largest decline among peer group.
The big picture
Boot Barn Holdings dropped 5.2% on Friday due to technical trading pressure from sector-wide selling among apparel retailers.
