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Knowledge Leader News: Ralph Lauren Steps Down As CEO, Investors Still Need To See More

Knowledge Leader News: Ralph Lauren Steps Down As CEO, Investors Still Need To See More by Eric Bush, CFA, Gavekal Capital Blog

News came out this afternoon that Ralph Lauren is stepping down as CEO from his namesake company (RL). According to the FT, RL shares have jumped 5% in after market hours. Unfortunately for investors, RL will need more good news than that in order to kick start this stock into a higher gear. RL has been stuck in a downtrend for several years and broke through an important support level this year. From a...


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