Victoria's Secret & Co.
vsco
shares soared 26.3% on the company's first day trading on its new ticker, with the stock at $58.79 by midday on Tuesday. The L Brands Inc. separation of Victoria's Secret and Bath & Body Works Inc.
BBWI,
-0.12%
is complete, with Bath & Body Works stock tumbling 2.5% on Tuesday, trading at $63.02. Victoria's Secret, which is undergoing a turnaround to focus on women's empowerment and diversity, says it sees opportunity in areas like maternity and in locations outside of traditional malls. The SPDR S&P Retail ETF
XRT,
+0.95%
has rallied 48% for the year to date while the S&P 500 index
SPX,
+0.63%
is up 16.8% for the period.