Why Farfetch Stock Popped Today

Shares of Farfetch (NYSE: FTCH) were moving higher today after J.P. Morgan issued a bullish note on the luxury online fashion company. Farfetch also seemed to get a benefit from the Chinese government's announcement that it would do more to stabilize markets and support economic growth.

As of 2:46 p.m ET, the stock was up 19.5% today.

Image source: Getty Images.

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Source Fool.com