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Stock Alert: Farfetch Gains 13%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Farfetch Ltd. (FTCH) shares are rising significantly in early trading after it reported narrower loss for the fourth quarter.

FTCH is currently at $10.75, up 13.04 percent, on more than double the average volume. On Thursday, the shares had closed at $9.51.

For the fourth quarter, the online luxury industry platform company posted a net loss of $9.65 million or $0.03, narrower than $110.13 million or $0.34 loss in the prior year.

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