Bernard Arnault bumped back to the world's fourth richest man—thanks to China's multibillion-dollar stimulus [Yahoo! Finance]
CHRISTIAN DIOR SE UNS/ADR (CHDRY)
NASDAQ:AMEX Investor Relations:
investor.covestro.com/en/stock/listing-and-key-figures/american-depository-receipts-program
Company Research
Source: Yahoo! Finance
The French magnate shed about $54 billion in wealth amid a painful luxury slump, only to be bumped right back up by a spot—placing him after Elon Musk, Jeff Bezos, and Mark Zuckerberg on the Bloomberg Billionaires Index. Both the demotion and the subsequent bounce-back in the ranking were tied to the same reason: China. As the owner of about 48% of LVMH, Arnault's wealth has fluctuated with the crests and troughs in the company's sales over the years. When people were splurging on luxury purchases amid the pandemic, LVMH's profits soared, driving Arnault's fortunes and making him the world's richest man . Between 2017 and 2021, China's luxury market tripled in size thanks to the spending appetite of its middle class and overall economic stability. However, a subsequent downturn since last year , owing to a lackluster recovery in China demand and reluctant spending from consumers, has hurt LVMH's earnings. The luxury company behind Christian Dior, Loro Piana, and Moet & Chando
Show less
Read more
Impact Snapshot
Event Time:
CHDRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHDRY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHDRY alerts
High impacting CHRISTIAN DIOR SE UNS/ADR news events
Weekly update
A roundup of the hottest topics
CHDRY
News
- Baccarat Taps Printemps Executive as its Next CEO [Yahoo! Finance]Yahoo! Finance
- Savette Finds That Sweet Spot Between High And Accessible Luxury [Forbes]Forbes
- Bernard Arnault, the world's richest person, appoints son to CEO role at LVMH amid leadership shake-up [Business Insider]Business Insider
- How Cristóbal Balenciaga Became The Master Of All Haute Couture [Forbes]Forbes
- Dior Brings Versailles To Miami With Its Holiday Pop-Up Boutique [Forbes]Forbes