Credit Suisse Maintains Outperform on Farfetch, Lowers Price Target to $20
Credit Suisse analyst Stephen Ju maintains Farfetch (NYSE:FTCH) with a Outperform and lowers the price target from $23 to $20.
Peering Into Farfetch’s Recent Short Interest
Farfetch's (NYSE:FTCH) short percent of float has fallen 6.42% since its last report. The company recently reported that it has 23.36 million shares sold short, which is 7.72% of all regular shares that are available for trading.
Turquoise Hill Resources, Intuit And Some Other Big Stocks Moving Higher On Wednesday
Turquoise Hill Resources Ltd. (NYSE: TRQ) climbed 25% to $29.14 after Rio Tinto Group raised its offer to buy out Turquoise Hill Resources.
Why Farfetch Stock Is Up 20% Today
Farfetch Ltd (NYSE: FTCH) shares are trading higher Wednesday after the company announced that it acquired a stake in online fashion retailer YOOX Net-A-Porter (YNAP).
Farfetch Pops On Acquiring 47% Stake In Luxury And Fashion Retailer YNAP
Farfetch Ltd (NYSE:FTCH) and business tycoon Mohamed Alabbar’s Symphony Global have acquired 47.5% and 3.2% stakes, respectively, in online luxury…
FARFETCH and Alabbar to Acquire a 47.5% and 3.2% Stake, Respectively, in YOOX NET-A-PORTER
Richemont (SWX:CFR), FARFETCH (NYSE: FTCH) and Symphony Global, one of the investment vehicles of Mohamed Alabbar ("Alabbar"), announce a landmark transaction towards the digitalisation of the luxury industry, with the acquisition by FARFETCH and Alabbar of a 47.5% and 3.2% stake respectively in YNAP, and the agreement for Riche
Sanofi, Children’s Place And Some Other Big Stocks Moving Lower On Wednesday
Embark Technology, Inc. (NASDAQ: EMBK) fell 25.1% to $12.40. Embark Technology reported the completion of reverse stock split.