Oh maybe something like the entire market has been throwing up on itself the last 3 days. Bigtime correction going on, if not for the buyback, COH would have been down big today with the rest of the retails. Stocks like Tiffany, Underarmor, Saks and the like are down 4% again today.
Well, yes; there is the sky falling (or at least people preceiving it) and then the fact that this DOG dropped like a rock even before the sky started down. Look at a chart and see where the investors went on this one; a little buy back won't do much for this stock.