Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Beyond the usual household names like Gucci, Louis Vuitton and Cartier lies a world of discreet ultra-luxury reserved for those at the very pinnacle of wealth and taste. Discover: 6 Ways To Build...
One scoop to start: Activist investor Cevian Capital has taken a €1.2bn stake in UBS, betting that the Swiss bank can double its valuation over the next three to five years. Global regulators had been on a losing streak lately, with back-to-back losses including Amgen’s $28bn takeover of fellow drugmaker Horizon Therapeutics and Microsoft’s $75bn purchase of game developer Activision Blizzard. Adobe on Monday abandoned its proposed $20bn acquisition of product design software company Figma, sa...
Octopus Energy has boosted its valuation to $8bn (£6.3bn) after raising $800m from investors.
Investment group Greenoaks Capital Partners will also take part in the rescue deal that gives Farfetch a $500mn bridge loan to continue offering its services, according to a statement. “Farfetch will rededicate itself to providing the most elevated experience for the world’s most exclusive brands, while pursuing steady and thoughtful growth as a private company,” said Bom Kim, chief executive of Coupang. Coupang, which operates in food delivery, video streaming and online shopping in Japan, So...
Cartier-owner Richemont on Monday said it had scrapped an agreement to sell part of its online fashion and accessories business Yoox Net-A-Porter (YNAP) to online luxury retailer Farfetch Holdings. The Swiss-based luxury goods group said it was pulling out of the deal after South Korean e-commerce giant Coupang said earlier on Monday that it was planning to buy Farfetch. Richemont, which numbers jeweller Cartier and Swiss watch brands Piaget and IWC among its brands, had originally made a deal...
(Bloomberg) -- Farfetch Ltd. secured a lifeline from e-commerce company Coupang Inc., which agreed to lend $500 million, buy the assets and delist the troubled fashion platform’s shares.Most Read from BloombergApple to Halt US Sales of Smartwatches After Patent LossUS Frackers Return to Haunt OPEC’s Pricing StrategyGulf Splits Hinder US Efforts to End Houthi Ship AttacksBP to Pause All Tanker Transits Through the Red SeaDocuments Reveal Hidden Problems at Russia’s Nuclear PowerhouseCoupang, whic
Trading in shares of Farfetch, which has a market capitalization of $226.7 million, were halted, while those of Coupang were down 4.5% on Monday. Farfetch, an e-commerce company that has helped luxury brands sell online, has been hit by a slowdown in the industry which has complicated its efforts to make a profit on technology investments and prompted credit rating downgrades in recent weeks. Farfetch operates an online luxury marketplace selling high-end fashion and jewelry that dozens of sma...
New York-listed e-commerce giant Coupang plans to buy Farfetch Holdings in a deal that will provide the struggling online luxury fashion retailer with $500 million in capital to stay in operation, the companies said in a joint statement. Trading in shares of Farfetch, which has a market capitalization of $226.7 million, were halted, while those of Coupang were down 4.5% on Monday. Farfetch, an e-commerce company that has helped luxury brands sell online, has been hit by a slowdown in the indus...
Farfetch Limited ( NYSE:FTCH ) shareholders that were waiting for something to happen have been dealt a blow with a 61...
A downgrade from Moody's followed earlier concerns about insolvency.