Investors Cheer Ralph Lauren Corp Hire

  • Tuesday breached Flash Crash low and posted lowest close ($104.05) since January 2011.
  • Announces Old Navy CEO Press Larrson as Ralph Lauren Corp RL as CEO.
  • Opened sharply higher and retreated only $0.07 to $111.55 before continuing higher.
  • So far, has reached $119.04 before pulling back to $118 area.
  • Current high coincides with a pair of highs from August 13 ($118.70) and 14 ($118.58).
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