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Farfetch Ltd (NYSE:FTCH) Short Interest Update

Farfetch Ltd (NYSE:FTCH – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 45,450,000 shares, a growth of 8.9% from the September 30th total of 41,730,000 shares. Based on an average daily volume of 15,380,000 shares, the […] ....

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Farfetch (NYSE:FTCH) Downgraded by Societe Generale to "Sell"

Societe Generale downgraded shares of Farfetch (NYSE:FTCH – Free Report) from a buy rating to a sell rating in a research report released on Wednesday morning, Marketbeat.com reports. The firm currently has $1.50 price objective on the stock. A number of other equities research analysts have also recently commented on FTCH. Morgan Stanley cut shares […] ....

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Farfetch (NYSE:FTCH) Cut to Sell at Societe Generale

Societe Generale downgraded shares of Farfetch (NYSE:FTCH – Free Report) from a buy rating to a sell rating in a research note issued to investors on Wednesday, Marketbeat reports. The brokerage currently has $1.50 price target on the stock. FTCH has been the subject of several other research reports. Citigroup cut their target price on […] ....

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European regulator approves Farfetch deal for YNAP, Richemont says

ZURICH (Reuters) -European authorities have approved online luxury retailer Farfetch's purchase of a stake in rival Yoox Net-A-Porter from Richemont in the last regulatory approval needed, Richemont, the owner of Cartier, said on Monday. Completion of the deal remains subject to "certain other conditions that Richemont and Farfetch are working towards fulfilling", Richemont said, promising a further update "in due course", without providing further detail. Under the terms of the deal unveiled in August 2022, Richemont would sell a stake of 47.5% in loss-making YNAP in exchange for more than 50 million Farfetch shares, and Farfetch could acquire the rest of YNAP through a put and call option arrangement. ....

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