H&M Sentiment Shifts as Recent Gains Erase Year's Deep Losses
A sign sits on the front of a Hennes & Mauritz AB clothing store in London.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
After the shares slumped some 50 percent in the past three years, investor sentiment toward Hennes & Mauritz AB finally seems to have shifted.
With gains of 36 percent in the past three months, the stock has now erased the losses that made it the worst performer on the OMX Stockholm 30 Index in the first eight months of the year.