Why LVMH Moët Hennessy -- Louis Vuitton Stock Got Slammed Today

A weaker-than-expected revenue report was the news item driving down LVMH Moët Hennessy -- Louis Vuitton's (LVMUY -6.22%) American depositary shares (ADS) on Monday. The luxury goods maker saw its ADS price sag by more than 6% as a result, contrasting unfavorably with the S&P 500 index's 0.8% increase on the day. First-quarter flopOn Sunday, LVMH published details of its first-quarter revenue, showing that its total top line for the period was just over 20.3 billion euros ($23.1 billion). That figure was do ...