Farfetch Limited (FTCH)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Farfetch Limited (“Farfetch” or “the Company”) (NYSE: FTCH). Investors who purchased Farfetch securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Farfetch has violated federal securities laws.
On August 17, 2023, Farfetch issued a press release announcing its financial results for the second quarter of 2023. Among other items, Farfetch reported revenue of $572 million, significantly less than the expected $650.71 million. Farfetch also issued a full-year revenue forecast of approximately $2.5 billion, compared to the average analyst estimate of $2.8 billion. On this news, Farfetch’s stock price fell $2.15 per share, or 45.17%, to close at $2.61 per share on August 18, 2023.
If you are aware of any facts relating to this investigation or purchased Farfetch securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]