Ralph Lauren CEO Sells Shares, Oxford Downgraded, Argan Beats
On this episode of Stock Movers:
- Ralph Lauren Corp's (RL) shares slid after President and CEO Patrice Louvet reported a series of insider stock transactions to the US Securities and Exchange Commission. Louvet sold 14,800 shares in Ralph Lauren for $3,441,000.
- Oxford Industries shares were down as much as 12%, after the apparel company gave an outlook that is weaker than expected, prompting an analyst downgrade.
-Argan Inc. shares climb 13% postmarket after the builder of power plants posted 4Q revenue that climbed 41% from the year-ago period. 4Q revenue grew amid heightened quarterly construction activities at several projects, including the Trumbull Energy Center, a gas-fired power plant under construction near Lordstown, Ohio
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