Farfetch stock shoots up toward best day in 17 months after talks to boost Richemont partnership
Farfetch stock shoots up toward best day in 17 months after talks to boost Richemont partnership
Shares of Farfetch Ltd. (FTCH) shot up 16.2% toward a three-month high in morning trading Friday, after Switerland-based luxury goods maker Compagnie Financiere Richemont SA (CFR.EB) said it was in advanced discussions with the software company to boost their partnership. Trading volume swelled to 6.4 million shares, after well above the full-day average of about 3.7 million shares. Farfetch's stock is on track for the biggest once day gain since it ran up 19.4% on June 25, 2020. Meanwhile, the U.S.-listed shares of Richemont jumped 10.3% toward a record. Farfetch's stock has still lost 28.2% year to date, while Richemont shares have soared 61.2% and the S&P 500 has advanced 24.0%.
总部位于瑞士的奢侈品制造商Compagnie Financiere Richemont SA(CFR.EB)表示，正在与Farfetch Ltd.(FTCH Ltd.)就加强合作关系进行深入讨论，该公司股价周五早盘飙升16.2%，至三个月高位。成交量增至640万股，远高于约370万股的全天平均成交量。法拉奇的股票有望创下自2020年6月25日上涨19.4%以来的最大单日涨幅。与此同时，历峰在美国上市的股票跃升10.3%，逼近历史新高。今年到目前为止，法拉奇的股价仍下跌了28.2%，而历峰集团的股价飙升了61.2%，标准普尔500指数上涨了24.0%。
-Tomi Kilgore
--托米·基尔戈(Tomi Kilgore)