eCommerce Fashion Segment Taking a Breather Several notable names in […]
Revolve Showing Strength (RVLV)
September 14, 2021
Revolve Showing Strength (RVLV)
Yesterday, Revolve Group ($RVLV) received an upgrade from an analyst at Jefferies... Shares gained by more than +4% as a result.
Underlying consumer data for this fashion-focused eCommerce retailer corroborates this optimistic outlook.
Total Mention volume is showing near-term and longer-term strength, trending +27% QoQ and +13% YoY on a 90-day moving average.
RVLV recently reported strong 21Q2 results, easily surpassing EPS and revenue estimates – However, the stock gapped lower the following day and finished the week down -7%.