Previous close | 49.75 |
Open | 49.75 |
Bid | 49.10 |
Ask | 49.40 |
Strike | 55.00 |
Expiry date | 2024-01-19 |
Day's range | 49.75 - 49.75 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Farfetch's (NYSE: FTCH) stock sank by 45% on Friday after the luxury e-tailer posted its second-quarter earnings report. Its brand platform division, which distributes its products to third-party retailers, generated 21% of overall revenue.
The luxury fashion and beauty products retailer missed quarterly revenue estimates and significantly lowered its full-year guidance.
e-commerce company Farfetch (FTCH) is seeing its stock plunge this morning after missing on revenue and issuing weaker-than-expected guidance. Farfetch received several analyst downgrades this morning. Yahoo Finance Live examines the retail environment that has online platforms like Farfetch competing with big-box stores.