Question

what are the reasons for changes in the stock price of Canada Goose holding inc. in the last 12 months.

Answer 1

Canada goose holding is the parent company of winter cloth manufacturers.

Reasons for changes in the stock of Canada goose holding are as follows-

A. quarterly performance of the company which has led the downslide of the company and expectations of growth in the future

B. Cloth and other apparel market are not showing the the adequate improvement in the profitability in 2020 so it is showing the downward momentum.

C. Due to the uncertainty due to pandemic, the markets had crashed into a bear territoryand it had also lead to effect on the Canadian goose company which has corrected drastically.

D. Growth estimate of the overall economy has been projected downwards and that is also reflected in the share price of the company

E .The demand has been substantially low in the economy and it is also reflected through lower sales and lower profits and lower share price.

F. After there has been a rate cut, and stimulation of demand the share prices have risen to recover itself almost 40% from Lows