RTTNews | Nov 25, 2020 09:49AM EST

09:48 Wednesday, November 25, 2020 (RTTNews.com) - Shares of Canada Goose Holdings Inc. (GOOS), a Canada-based winter clothing manufacturer, are losing more than 8 percent or $3.13 in Wednesday's morning trade at $35.52.

According to reports, Canada Goose received a two-notch downgrade by BTIG, to a "sell" rating from "buy". BTIG reportedly said that a lackluster sales recovery due to a warmer start to winter and weak digital demand will weigh on the stock.

Canada Goose has traded in a range of $12.94 to $40.79 in the past 52 weeks.

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