$MOV is one of biggest losers #stocks today. read more:

Movado Group Inc. Common Stock (symbol: MOV) was one of the worst losers of
the trading day today (2016-01-01), losing -4.28%. The number of shares
that changed hands was 172,343, or about 1 times the average daily volume
in the stock.
The closing price was $25.71, amounting to a market cap of $592,050,000,
about -20.18% off the highest price in the last 12 months. The stock has
been trading at a range between $21.18 and $32.21.
MOV is in the Consumer Specialties industry, part of the Consumer
Non-Durables sector.
Looking at its valuation, the stock is now trading at 13.3 times earnings.