Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for May 19

Informações:

Sinopsis

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" is Genesco (GCO). Genesco Inc.'s shares dropped to their lowest price since August 2011 on concern that the athletic-wear retailer may be suffering along with its peers. Genesco generates most of its revenue from the footwear retailer Journeys and the sports-cap chain Lids and is scheduled to report fiscal first-quarter results next week. The shares fell today after disappointing results from Foot Locker, a rival of Journeys and Lids.