Tiffany Drops On Cautious Q3 Guidance

Shares of Tiffany & Co TIF fell after the company issued cautious projections for the third quarter. TIF’s shares fell 4.09% to $40.32 at 12:34 pm. The company posted better-than-expected Q2 earnings, but its revenue failed to meet the expectations. Tiffany’s shares have gained 0.74% over the last month and have declined 1.27% so far this year. Read more from Benzinga's Company news.