|Bid||57.55 x 900|
|Ask||58.00 x 1100|
|Day's Range||56.36 - 60.31|
|52 Week Range||5.99 - 65.54|
|Beta (5Y Monthly)||3.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2021 - Mar 01, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||56.38|
Shares of Farfetch (NYSE: FTCH) rose 16.8% in December, according to data provided by S&P Global Market Intelligence, on a rally that really began in November, after it was reported that Alibaba Group Holding (NYSE: BABA) was considering investing $300 million in the online luxury platform. It was subsequently confirmed the Chinese e-commerce giant would be investing in Farfetch, but would be doing so with luxury goods company Richemont (OTC: CFRUY), and that the total amount would actually be over $1.1 billion. The three companies will form a joint venture called Farfetch China.
Days after Wish parent ContextLogic Inc. began trading, Poshmark Inc., an online marketplace that sells clothing, accessories, beauty products and items for the home, has filed to go public.
Alibaba has named J. Michael Evans to the board of directors.