Why VF Corporation (VFC) Went Down On Friday?
From Yahoo Finance: 2025-04-12 02:49:00
Wall Street indices bounced back on Friday amidst ongoing trade tensions. Nasdaq rose 2.06%, S&P 500 1.81%, and Dow Jones 1.56%. Ten companies, however, suffered losses. VF Corporation (VFC) fell 2.88% due to US-China trade war fears, impacting its international operations and potential price hikes on goods.
VFC designs, manufactures, and markets branded apparel globally, facing risks from escalating trade tensions. The company announced plans to expand its Kipling brand in international markets, focusing on South and North American airports. Despite potential, VFC ranks 8th among firms suffering in the optimistic market environment.
Investors continue to sell off VFC stock amid trade war uncertainties, impacting the company’s performance. VFC operates globally with brands like The North Face and Vans, facing challenges from increased tariffs and potential lower demand. Despite ongoing risks, VFC remains an investment option amidst other AI stocks with promising returns.