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Why Canada Goose Holdings Stock Was Falling Today

Why Canada Goose Holdings Stock Was Falling Today

With the broader market continuing its streak of recent gains, shares of Canada Goose Holdings (NYSE: GOOS) were down 18% as of 10:55 a.m. ET on Thursday. The stock was rallying to start the year, but investors are now having to readjust expectations given management's updated guidance. The stock probably responded the most to management's full-year outlook.