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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