Victoria's Secret Shares Surge, Despite Volatility
Update: 2025-12-08
Description
Victorias Secret stock experienced a minor dip despite a robust earnings report, as investors capitalize on recent gains. The companys Q3 results exceeded expectations, with a 9% sales increase to $1.47 billion and an adjusted loss of $0.27 per share, significantly lower than forecasts. Major financial institutions raised their price targets, reflecting a positive market outlook. Despite todays volatility, shares are up over 23% year-to-date, reaching a new 52-week high of nearly $50.
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