News Formal

LVMH is first European company to hit a $500 billion market cap.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Luxury brand conglomerate has benefited from resurgent spending in China

A record share price for LVMH FR:MC alongside a strengthening euro pushed the luxury goods company to a market capitalization of $500 billion on Monday, the first European company to reach that landmark.

LVMH stock touched a fresh high of €904.60, valuing the group at €454.2 billion. With the euro EURUSD at one point edging up to $1.1020, this equated to $500.5 billion. LVMH’s €454 billion valuation has made its creator Bernard Arnault the world’s richest person, with a 48% stake held by him and his family.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Luxury goods giant LVMH becomes the first European company to surpass $500 billion in market valueLuxury goods giant LVMH on Monday became the first European company to surpass $500 billion in market value.
ソース: CNBC - 🏆 12. / 72 続きを読む »