Steven Van Damme
πŸ“ˆ $MC.PA (LVMH Moet Hennessy Louis Vuitton SA) 𝙐π™₯π™™π™–π™©π™š – π˜Ύπ™€π™£π™›π™žπ™™π™šπ™£π™˜π™š 𝙛𝙧𝙀𝙒 π™©π™π™š 𝙏𝙀π™₯ French billionaire Bernard Arnault just made a bold move: he invested €1.4 billion to increase his stake in LVMH, bringing his ownership close to 50%. This signals strong confidence in the luxury giant’s future, especially after its better-than-expected Q3 results. Arnault bought shares when the price was under pressure, averaging €566 per share β€” today, LVMH trades around €607, already showing gains. I see this as a powerful vote of confidence from the man who built the company into a global luxury leader. Luxury may have faced headwinds, but the fundamentals remain strong. I’m holding my position β€” and watching closely.
undefined logo
MC.PA
LVMH Moet Hennessy Louis Vuitton SA
481.25
-1.55 (-0.32%)
null
.