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Farfetch Limited (0K6O.L)

LSE - LSE Delayed price. Currency in USD
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7.22-0.17 (-2.34%)
As of 02:59PM BST. Market open.
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Previous close7.40
Open7.41
Bid0.00 x N/A
Ask0.00 x N/A
Day's range7.03 - 7.41
52-week range7.03 - 7.41
Volume7,181
Avg. volumeN/A
Market cap2.37B
Beta (5Y monthly)3.08
PE ratio (TTM)N/A
EPS (TTM)-9.74
Earnings date25 Aug 2022
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
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    Why E-Commerce Stocks Wayfair, Farfetch, and Global-E Online Were Down Today

    Investors still seemed spooked after Federal Reserve Chairman Jerome Powell essentially told Wall Street that the central bank would continue to raise interest rates until inflation was brought to heel even if it meant rising unemployment and a recession. E-commerce stocks like Wayfair (NYSE: W), Farfetch (NYSE: FTCH), and Global-E Online (NASDAQ: GLBE) were on the decline today as the sector is exposed to rising rates in multiple ways. Finally, higher interest rates have also made the dollar stronger against international currencies, a challenge for global companies like Farfetch and Global-E Online, as dollar-denominated earnings for international companies are worth less when the dollar is strong.

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