Why Victoria's Secret Stock Fell Today

Earnings beat analyst estimates, but investors were still discouraged by overall declines. Shares of Victoria's Secret (VSCO -3.70%) were falling on Thursday, down as much as 9.6% in early trading before recovering to a 3.4% decline as of 2:37 p.m. ET. While the apparel giant delivered revenue and earnings above expectations for the second quarter last night, the company is still seeing declines across most of its business. And with the stock having popped earlier this month on news of the appointment a new ...