Why Farfetch Stock Was on the Mend Today
Shares of Farfetch (NYSE: FTCH) have whipsawed this week, initially spiking on reports that the troubled luxury online fashion company could go private and then plummeting yesterday after that no longer seemed to be the case and the company delayed the release of its third-quarter earnings report.
Today, the stock recouped some of those losses as one analyst upgraded the stock, and some investors seemed to see the sell-off as a buying opportunity.
As of 10:44 a.m. ET, the stock was up 15.3%.
Source Fool.com
Farfetch Ltd Stock
€0.010
25.000%
Currently there is a rather positive sentiment for Farfetch Ltd with 3 Buy predictions and 1 Sell predictions.
Based on the current price of 0.01 € the target price of 8 € shows a potential of 79900.0% for Farfetch Ltd which would more than double the current price.
