Michael Kors Holdings Limited (KORS) Soars on Higher than Expected Earnings

Shares of London (UK) based Michael Kors Holdings Limited (KORS) rose on Tuesday, against the backrop of a broad selloff in stocks overall. Kors stock was up 23.91%, rising $9.67 per share, to close at $50.11, on volume of 28,355,380 shares. The company's fiscal third quarter earnings beat analysts estimates by a significant margin. Founded ... READ MORE Read the rest of Michael Kors Holdings Limited (KORS) Soars on Higher than Expected Earnings at InvestorGuide.com .