Tapestry Stock Hits Record Highs as Coach Sales Surge

Tapestry Inc (NYSE:TPR) stock was last seen up 3.7% at $134.68, and earlier surged to a record high of $142.22, after the company announced better-than-expected fiscal second-quarter results. Coach's quarterly revenue jumped 25% with help from Tabby handbags, which have become popular amongst Gen-Z customers, leading the global fashion conglomerate to lift its full-year forecast. Year over year, TPR is up 84% after tacking on 36% in just the last three months. Prior to today's bull gap, the stock found unde ...