Growth stocks have been hit especially hard this year, but their long-term investment thesis hasn't changed. Shopify (NYSE: SHOP), Roku (NASDAQ: ROKU), and Nvidia (NASDAQ: NVDA) are three downtrodden companies that look like excellent buying opportunities for investors willing to hold them for the next decade and beyond. What makes these companies appealing is their position in industries due for explosive growth in the coming years. Read More...
Motley Fool
Why Farfetch Is Plummeting 23% This Week
Shares of online luxury brand marketplace Farfetch (NYSE: FTCH) are tumbling 23.5% this morning from where they closed last Friday, according to data from S&P Global Market Intelligence, as the fallout from a business update it filed with the SEC to kick off December continues to take a toll on the stock. While the numbers initially appeared encouraging, showing growth in gross merchandise value and adjusted EBITDA margins, the growth trajectory Farfetch was on has flattened dramatically, and partnerships it has undertaken aren’t paying off as predicted. Part of the problem is that Farfetch’s losses continue to widen.
