Upslope Capital Management Divested VF Corp (VFC) Due to Market Correction
From Yahoo Finance: 2025-04-22 09:30:00
In the first quarter of 2025, Upslope Capital Management faced challenges but saw positive changes in international trade rules. The fund returned -5.1%, outperforming the S&P Midcap 400 ETF and HFRX Equity Hedge Index. V.F. Corporation (NYSE: VFC) was highlighted with a one-month return of 36.43% and a stock price of $10.47 on April 21, 2025.
Upslope Capital Management mentioned selling V.F. Corporation (NYSE: VFC) due to emerging investment opportunities and potential tariffs. The stock price of V.F. Corporation (VFC) closed at $10.47 per share on April 21, 2025, with a market capitalization of $4.079 billion. The company designs, manufactures, and distributes branded lifestyle apparel and footwear.
V.F. Corporation (NYSE: VFC) is not among the 30 most popular stocks among hedge funds. Despite a revenue increase of 2% in fiscal Q3 2025, the firm believes AI stocks offer greater potential for higher returns within a shorter timeframe. The company’s revenue has seen growth for four consecutive quarters, but the focus remains on AI investments for higher returns.
Read more: Upslope Capital Management Divested VF Corp (VFC) Due to Market Correction