Lucy Nieves
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Lucy Nieves in Barbie Stocks,

Why Canada Goose Shares Fell After A Big Q1 Beat

Boasting sales growth and margin improvement, Canada Goose Holdings Inc. Subordinate Voting Shares GOOS outperformed Street estimates this quarter. But the beats didn’t do much good.

The stock opened up 6.4 percent on Goose’s Thursday morning earnings report but promptly slid 8.6 percent off the high. It ended the day down 3 percent.

Analysts offered two interpretations of the market’s reaction. read more

Well, there is a chance to break out the wedge and form some kind of rising trend.