Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Farfetch Is Plunging Hard Today

TheMotleyFool

0 0

Shares of Farfetch (NYSE: FTCH) were plunging 23.6% in afternoon trading on Thursday after the online luxury fashion marketplace filed a business update with the Securities & Exchange Commission.

Farfetch said it will host a Capital Markets Day with financial analysts and institutional investors today that will discuss in greater depth the company's strategic growth plan. Its stock was trading at $6.49 per share at 12:24 p.m. ET as investors expressed disappointment with where management saw the company heading.

Image source: Getty Images.

Source Fool.com

Like: 0

FTCH

Share