Market update
What happened
Tapestry Inc (TPR) ended the week of Aug. 14 at 128.98 USD, with a one-week return of -20.6%. The weekly price path over 52 weeks shows the Coach, Kate Spade and Stuart Weitzman parent giving back ground after a broader stretch of weaker performance.
Volume confirmed the pressure, with 24.3 million shares traded versus a 13-week average of 12.8 million, while the active-mover screen flagged volume at 2.6x. The four-week return was -8.8%, the twelve-week return was -6.6%, Relative Strength stood at -11.8, and Market Dynamics at -0.04 pointed to mild weakness.