Why Williams-Sonoma (WSM) Dipped More Than Broader Market Today

Williams-Sonoma (WSM) closed at $163.62 in the latest trading session, marking a -4.01% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.4% for the day. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq appreciated by 0.18%. Heading into today, shares of the seller of cookware and home furnishings had gained 7.78% over the past month, outpacing the Retail-Wholesale sector's gain of 4.14% and the S&P 500's gain of 4.97%. The investment communit ...