Guess discloses resignation of Chief Design Officer Guess disclosed last night that Sharleen Ernster, its Chief Design Officer, is leaving the company effective August 20, pursuant to a mutual agreement with the company.
Guess falls sharply, levels to watch The shares have spiked lower, dropping 2.7% to $18.30. At that price, next support is at the 52-week low at $17.67. Resistance is at $18.68, the opening price of the day. Piper Jaffray downgraded the shares to Underweight.