Larrimor's, a luxury fashion retailer in Pittsburgh, has expanded its men's sport coat collection, featuring premium materials and a focus on versatility and craftsmanship. The new lineup caters to the growing demand for menswear that bridges professional and casual styles.

The global luxury fibers market is expected to grow at a CAGR of 13.2% from 2024 to 2030, driven by increasing consumer demand for high-quality, durable, and sustainable textile products, as well as rising disposable incomes and the influence of Gen Z and Millennial consumers.

In our monthly Rare Stock Picks series, we're highlighting May 2024 investment picks. Click here for the list of May 2024 Buy recommendations.

ZGN vs. DECK: Which Stock Is the Better Value Option?

Profit margins shrunk in the second half of the year.

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 200 points on Friday. The Dow traded up 0.89% to 38,941.18 while the NASDAQ rose 1.26% to 16,251.98. The S&P 500 also rose, gaining, 1.10% to 5,203.90. Check This Out: Top 3 Materials Stocks That May Explode This Quarter   Leading and Lagging Sectors   Communication services shares jumped by 1.8% on Friday. In trading on Friday, utilities shares rose by just 0.2%.   Top Headline   U.S. employers added 303,000 nonfarm payrolls in March, marking an increase from the 270,000 reading in February and surpassing the expected 212,000, the Bureau of Labor Statistics said Friday. The unemployment rate slowed from 3.9% to 3.8%, easing more than expected.   Equities Trading UP   MediaCo Holding Inc. (NASDAQ: MDIA) shares shot up 190% to $4.0550 after a 13D amended filing showed Standard General L.P. reported a 95.2% stake in the company as of April 1, 2024. Shares of GCT Semiconductor Holding, Inc. (NASDAQ: GCTS) got a boost, surging 52% to $8.72 after the company and Aramco signed an MOU to accelerate the development of the 4G and 5G ecosystem in Saudi Arabia. HUB ...

Shares of Byrna Technologies Inc. (NASDAQ: BYRN) rose sharply during Friday’s session after the company reported better-than-expected first-quarter revenue, and announced a CFO transition. Byrna Technologies posted quarterly sales of $16.65 million, topping market estimates of $11.49 million, according to data from Benzinga Pro. The company also said its CFO David North will retire later this year. Byrna Technologies shares jumped 7.1% to $14.74 on Friday. Here are some other stocks moving in today's mid-day session. Gainers MediaCo Holding Inc. (NASDAQ: MDIA) shares jumped 141.7% to $3.4106 after a 13D amended filing showed Standard General L.P. reported a 95.2% stake in the company as of April 1, 2024. HUB Cyber Security Ltd. (NASDAQ: HUBC) shares climbed 67.7% to $1.7442 after the company announced $8 million in financing via a straight debt arrangement. GCT Semiconductor Holding, Inc. (NASDAQ: GCTS) gained 51.8% to $8.69 after the company and Aramco signed an MOU to accelerate the development of the 4G and 5G ecosystem in Saudi Arabia. DigiAsia Corp. (NASDAQ: FAAS) shares jumped 46% to $8.03 after falling 18% on Thursday. E-Home Household Service Holdings Limited (NASDAQ: EJH) gained 37% to $3.18. Destiny Tech100 Inc. (NYSE: DXYZ) gained 29% to $43.26. Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) shares climbed 27.8% to $13.44 after ...

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Friday. The Dow traded up 1.01% to 38,987.23 while the NASDAQ rose 1.50% to 16,289.37. The S&P 500 also rose, gaining, 1.29% to 5,213.49. Check This Out: Top 3 Materials Stocks That May Explode This Quarter   Leading and Lagging Sectors   Communication services shares jumped by 1.9% on Friday. In trading on Friday, utilities shares rose by just 0.2%.   Top Headline   U.S. employers added 303,000 nonfarm payrolls in March, marking an increase from the 270,000 reading in February and surpassing the expected 212,000, the Bureau of Labor Statistics said Friday. The unemployment rate slowed from 3.9% to 3.8%, easing more than expected.   Equities Trading UP   MediaCo Holding Inc. (NASDAQ: MDIA) shares shot up 207% to $4.2946 after a 13D amended filing showed Standard General L.P. reported a 95.2% stake in the company as of April 1, 2024. Shares of GCT Semiconductor Holding, Inc. (NASDAQ: GCTS) got a boost, surging 47% to $8.41 after the company and Aramco signed an MOU to accelerate the development of the 4G and 5G ...

U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Friday. Shares of Ermenegildo Zegna N.V. (NYSE: ZGN) fell sharply during Friday’s session as the company reported FY23 financial results. Ermenegildo Zegna reported a profit of €135.7 million for FY 2023, up 107.8% year-over-year, and a profit margin of 7.1% up from 4.4% in FY 2022. Ermenegildo Zegna shares tumbled 14% to $11.99 on Friday. Here are some other big stocks recording losses in today’s session. DoubleDown Interactive Co., ...

TPR vs. ZGN: Which Stock Is the Better Value Option?

URBN vs. ZGN: Which Stock Is the Better Value Option?

URBN vs. ZGN: Which Stock Is the Better Value Option?