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Stock impact report

Have eCommerce stocks finally finished falling? [Seeking Alpha]

Poshmark, Inc. - Class A (POSH) 
Company Research Source: Seeking Alpha
Have eCommerce stocks finally finished falling?Jun. 12, 2022 8:30 PM ETChewy, Inc. (CHWY)POSHFTCHSFIXETSYTDUPRVLVTGTMTCHRENTBy:Kevin P. CurranSA News Editor11 CommentsVertigo3d/E+ via Getty ImagesA key question for investors eyeing the eCommerce space is one of whether the pain in the sector is finally coming to a close.After significant declines through the first half of 2022, many of thosealready invested in the space will certainly hope so. For example, high-multiple internet retail names like Chewy (NYSE:), Wayfair (), Stitch Fix (), Etsy (), ThredUp (), and Farfetch () have all fallen more than 50% since the start of the year as inflation and supply chain issues pressure the industry. For the likes of Poshmark (NASDAQ:) and Revolve () the trend has only been marginally better.In recent years, such a significant drop would likely have inclined dip buyers to snap up the shares. Yet, as worries of a recession rise, there may be reason to worry pain is only set to persist in the sect Show less Read more
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