Advertisement
Canada markets open in 1 hour 32 minutes

  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CAD/USD

    0.7313
    +0.0016 (+0.22%)
     

  • CRUDE OIL

    82.96
    +0.15 (+0.18%)
     

  • Bitcoin CAD

    87,298.50
    -3,681.14 (-4.05%)
     

  • CMC Crypto 200

    1,358.14
    -24.43 (-1.77%)
     

  • GOLD FUTURES

    2,341.90
    +3.50 (+0.15%)
     

  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • NASDAQ futures

    17,496.25
    -168.25 (-0.95%)
     

  • VOLATILITY

    16.28
    +0.31 (+1.94%)
     

  • FTSE

    8,092.84
    +52.46 (+0.65%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6822
    +0.0003 (+0.04%)
     

2 Growth Stocks Wall Street Might Be Sleeping on, but I'm Not

Jeremy Bowman, The Motley Fool
·4 min read
2 Growth Stocks Wall Street Might Be Sleeping on, but I'm Not

Like some other e-commerce stocks, Farfetch (NYSE: FTCH) soared during the pandemic before crashing over the last two years as the growth story for the e-commerce luxury fashion company seems to have fallen apart. Due to the war in Ukraine, it pulled out of Russia, where 6% of its gross merchandise value (GMV) came from, and the company has struggled in China, its second-biggest market, due to COVID-19 lockdowns. The company has a unique business model that includes an e-commerce marketplace, wholly owned fashion businesses, and a Shopify-like service, Farfetch Platform Services (FPS), which handles the e-commerce side of the business for luxury brands.

Continue reading