FTCH rose after reporting results, but quickly erased gains as the crisis in Russia soured investor sentiments. The e-commerce platform has seen stronger flywheel effects, strengthened its position in the luxury market and looks promising in its entry into China.
Stay safe everyone, and praying for people in Ukraine!
Thanks for that – very good! Your valuation illustrates how crazy the market was at $70++. I have a small holding at about $14 – we'll see how that goes…..
Farfetch underpriced?
what do you think is a fair valuation?