Michael Kors (KORS) -4.7% AH after announcing insiders plan to sell 20M shares (10.3% of...

|About: Michael Kors Holdings (KORS)|By:, SA News Editor

Michael Kors (KORS) -4.7% AH after announcing insiders plan to sell 20M shares (10.3% of outstanding shares) through a secondary offering. The high-end apparel retailer, which made new highs today, already saw its IPO lockup expire in June. (PR) (Wednesday)