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Why Farfetch Stock Popped Today

Why Farfetch Stock Popped Today

Shares of Farfetch (NYSE: FTCH) were gaining today on a down day for tech stocks. The catalyst appeared to be good news out of China as the government announced plans to get rid of its quarantine rule for inbound travelers. It was the latest step by Beijing to end its Zero-COVID-19 policy, reopening the economy and giving a boost to Chinese stocks.