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AUG 05, 2014 - TheStreet

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'Fast Money' Recap: Is Michael Kors Still in Fashion?

NEW YORK (TheStreet) -- After two days of selling, the S&P 500 bounced back on Monday, closing up 0.72%.  On CNBC's "Fast Money" TV show, the trading panel took a look at Michael Kors following its disappointing earnings report.   Karen Finerman, president of Metropolitan Capital Advisors, said the earnings were actually pretty good. But the CEO's defensive tone has investors worried, adding, the "momentum trade" seems to be over but the business is fine. She is a buyer near $70.  Guy Adami, managing director of stockmonster.com, said the earnings and guidance seemed ... Read More

Tags: 'Fast Money' Recap: Is Michael Kors Still in Fashion?,  Delta Air Lines Latest News