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Why Etsy, Stitch Fix, and Farfetch Stocks Crashed

TheMotleyFool

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Why Etsy, Stitch Fix, and Farfetch Stocks Crashed

Online retail stocks crashed in Wednesday trading, with Stitch Fix (NASDAQ: SFIX) sliding 9.1%, Etsy (NASDAQ: ETSY) off 9.3%, and Farfetch (NYSE: FTCH) falling farthest of all -- down 9.7%.

The reasons for the sell-off aren't immediately obvious -- but I think we can find a clue in PayPal Holdings' (NASDAQ: PYPL) disastrous earnings release last night.

Image source: Getty Images.

Source Fool.com

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