Farfetch Stock Prices Surge After Announcing Strong Q4 Expectations

Online fashion retail giant Farfetch saw its stock prices surge by 15 percent over an extended session on Thursday after the company announced its third-quarter financial report. The company announced a narrower-than-expected loss of $85.5 million USD, or 28 cents per share, in the third quarter of 2019, compared to a loss of 30 cents per share ($77.2 million USD) in the same quarter last year.More optimistically, revenues increased from $134.5 million USD in Q3 of 2018 to $255.5 million USD thi...