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Actionable news in KORS: MICHAEL KORS HOLDINGS LIMITED,

The Biggest Loser: Michael Kors Drops 7.4%

Michael Kors (KORS) slid to the bottom of the S&P 500 today, after an analyst started coverage of the handbag maker with a Sell rating.

Michael Kors fell $2.64, or 7.4%, to $33.25, while the S&P 500 lost 1.90 points, or 0.08%, to 2425.53.

Kors got hit with a bearish initiation from MKM Partners' Roxanne Meyer. On top of her other concerns, Meyer...


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