Th founder of Farfetch is plotting to take the company private after a “disastrous” U.S. float that has seen the British luxury fashion site lose more than 90% of its market value since listing on the New York Stock Exchange in 2018, according to The Telegraph’s Hannah Boland and Ben Marlow.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FTCH:
- Options Volatility and Implied Earnings Moves Today, November 29, 2023
- Farfetch (NYSE:FTCH) Stock Rallies on Going Private Buzz
- Options Volatility and Implied Earnings Moves This Week, November 27 – December 01, 2023
- Is FTCH a Buy, Before Earnings?
- Farfetch downgraded to Sell from Buy at Societe Generale