NEW YORK — Shares of Tefron Ltd. got pounded on Wednesday after it said it is expecting to post a second-quarter loss and profoundly weaker sales.
Shares of Tefron lost 82 cents, or 19.8 percent, to close the day at $3.32 on the New York Stock Exchange. Shares over the last year have traded as high as $4.84, reached on June 3, and as low as $2.90, reached on Aug. 6.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"