WASHINGTON (dpa-AFX) - Shares of L Brands (LB) remain firmly negative in late-day trading on Thursday after coming under pressure early in the session. After hitting a four-month intraday low, L Brands is currently down by 13.6 percent.
The early sell-off by L Brands came after the Victoria's Secret parent reported fourth quarter results that beat estimates but forecast weaker than expected earnings for the year.
Copyright RTT News/dpa-AFX