Advertisement
Canada markets closed
  • S&P/TSX

    22,308.93
    -66.90 (-0.30%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CAD/USD

    0.7317
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • Bitcoin CAD

    83,178.86
    -2,963.00 (-3.44%)
     
  • CMC Crypto 200

    1,260.95
    -97.06 (-7.15%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • RUSSELL 2000

    2,059.78
    -13.85 (-0.67%)
     
  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     
  • NASDAQ

    16,340.87
    -5.40 (-0.03%)
     
  • VOLATILITY

    12.55
    -0.14 (-1.10%)
     
  • FTSE

    8,433.76
    +52.41 (+0.63%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • CAD/EUR

    0.6789
    +0.0011 (+0.16%)
     

Did Bath & Body Works Doom Itself By Spinning Off Victoria's Secret?

Did Bath & Body Works Doom Itself By Spinning Off Victoria's Secret?

After stirring up a lather with its spin-off of Victoria's Secret (NYSE: VSCO) and its retirement of its former "L Brands" name, Bath & Body Works (NYSE: BBWI) (NYSE: LB) saw its stock price go down the drain. Inexperienced investors might think this heralds bad times for the company, but there are at least three reasons to be bullish about the changes being made at the company.