Overlooked Alpha

Overlooked Alpha

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Overlooked Alpha
Luxury Growth Should Shine Through At Some Point
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Luxury Growth Should Shine Through At Some Point

The luxury retail platform looks like a "go big or go home" play, particularly ahead of earnings next week

Overlooked Alpha
May 15, 2022
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Overlooked Alpha
Overlooked Alpha
Luxury Growth Should Shine Through At Some Point
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It may be too early to buy Farfetch (FTCH) stock just yet. Shares are down 88% from February 2021 highs, and the company isn’t profitable yet — or all that close. That’s not a profile which the market seems to like at the moment.

Meanwhile, earnings loom next week. Traditionally, big declines into earnings offered the potential for a “relief rally” off …

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