Some LVMH (LVMUY) shareholders are looking for clarity on how and to whom CEO Bernard Arnault plans to hand over leadership of the company to, Tassilo Hummel and Helen Reid of Reuters reports. Arnault currently has yet to pick a successor, leading some shareholders to believe this has become a liability issue for the company.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVMUY:
- The Week That Was, The Week Ahead: Macro and Markets, Jan. 25
- These European Stocks Could Be in the Firing Line in Trump’s Greenland Tariff War
- LVMH downgraded to Equal Weight from Overweight at Morgan Stanley
- LVMH price target raised to EUR 715 from EUR 585 at Telsey Advisory
- LVMH price target raised to EUR 580 from EUR 560 at Barclays
