“Memory Stock Crash, Bessent Bailout, Iran, Stocks & Real Estate”Wells Fargo
$GOOSBearish
Canada Goose faces headwinds from Canada tariffs and warm El Nino weather, leading to a bearish outlook.
Shares of Canada Goose unfortunately dropping on a double downgrade from Wells Fargo. Analysts say President Trump's new Canada tariffs now represent a bigger headwind to fullyear margins and the super El Nino weather event also could hurt the brand's key outerwear season with record warm temperatures expected. So shares down almost 6%.