VF Corporation (VFC) saw its share prices surge by 10.80 percent on Friday, closing at $16.21 per share. This growth was driven by optimism around a potential interest rate cut in December. The stock’s performance mirrored broader market trends, with investor sentiment buoyed by Federal Reserve Bank of New York President John Williams’ remarks.

Williams expressed his belief that monetary policy should be “modestly restrictive,” but noted room for further adjustments to move closer to a neutral stance. His comments revived hopes for a rate cut in December, following earlier signals from Federal Reserve Chairman Jerome Powell.

In addition to its recent stock performance, VF Corporation (VFC) announced strong earnings for the second quarter of fiscal year 2026. Net income surged by 264 percent to $189.76 million, while revenues grew by 3.7 percent to $2.8 billion year-on-year. Despite the potential of VFC as an investment, some believe that AI stocks offer greater promise for higher returns with limited downside risk.

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Read more at Yahoo Finance: VF Corporation (VFC) Climbs 10.8% on Rate Cut Hopes