1123 GMT - Prada's stock closes sharply lower in Hong Kong, with Bernstein's Luca Solca saying the move is likely triggered by volatility due to technical reasons. The Italian luxury-fashion company has limited free float and low volumes, which leads to high volatility, the analyst says. Hong Kong-listed shares closed more than 7% lower. Since the start of the year, the stock has tumbled around 21%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
May 11, 2026 07:23 ET (11:23 GMT)
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