01.06.2016 19:01:40
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Michael Kors Jumps On Upbeat Q4 Results
(RTTNews) - Shares of Michael Kors (KORS) remain firmly positive in afternoon trading on Wednesday after moving notably higher at the open. Michael Kors is currently posting a 7 percent gain.
The strong upward move by Michael Kors comes after luxury goods maker reported better than expected fourth quarter results. The company also announced a $1 billion share buyback.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
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