From StockStory.: 2025-06-13 15:33:00

Stocks fell in the afternoon as major indices dropped due to Israeli strikes on Iranian sites, sparking fears of a broader conflict in the Middle East. Crude oil prices surged amid concerns of global supply disruptions. Market anxiety increased, leading to volatility and a shift to safe-haven assets. Among impacted stocks, Oxford Industries (OXM) saw a significant drop. The company reported weak Q1 results, with revenue down 1.3% and lower margins due to increased costs. OXM lowered its full-year forecast, leading to a 49.6% decline YTD. Investors from 5 years ago would see a 7.8% decrease in investment value.



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