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flag Despite Bank of Nova Scotia's big investment, Capri Holdings' stock hits a 52-week low after poor earnings.

flag The Bank of Nova Scotia significantly increased its investment in Capri Holdings, a luxury fashion group with brands like Versace, Jimmy Choo, and Michael Kors, by buying an additional 229,500 shares. flag Despite this, Capri Holdings' stock hit a 52-week low, with analysts at Wells Fargo and Barclays lowering their price targets due to poor quarterly earnings reports. flag The company's EPS missed analyst estimates, and the stock faces a pessimistic outlook.

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