Why Urban Outfitters (URBN) Stock Is Down 20% This Week

After another 7% drop today, Urban Outfitters (URBN) stock has now dropped nearly 20% in the last two days. Urban Outfitters Inc. (Nasdaq: URBN) shares fell to a 52-week low of $19.26 Tuesday morning following head-scratching news from the specialty retailer. Urban Outfitters announced Monday it has acquired Philadelphia's Vetri Family group of restaurants, including the Pizzeria Vetri chain. Here's why that news sent the stock crashing... Tags: Nasdaq: URBN , Urban Outfitters (URBN) Stock , Urban Outfitters earnings , Urban outfitters Pizzeria Vetri , Urban Outfitters stock , Urban outfitters stock price , URBN earnings , URBN stock , URBN stock price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why Urban Outfitters (URBN) Stock Is Down 20% This Week appeared first on Money Morning - We Make Investing Profitable .