Millennial activewear brand Outdoor Voices is on the verge of bankruptcy after abruptly closing all its stores: ‘Our chairwoman was posting cat memes the day we were told' [Yahoo! Finance]
Warby Parker Inc. (WRBY)
Company Research
Source: Yahoo! Finance
Years of executive reshuffles and acquisition rumors culminated in a very public meltdown earlier this month, when the company closed all its retail locations and abruptly laid off most of its workforce. Outdoor Voices is now reportedly on the verge of bankruptcy. Former employees told Fortune they are furious over the company's lack of communication about the store closures, as well as chair Ashley Merrill's behavior, which included posting Instagram memes shortly after laying off dozens of workers. The actions were “a slap to the face,” one former Outdoor Voices worker told Fortune. On Monday, March 11, the company laid off an estimated 80% of its corporate workforce, including the entire HR, brand, and design teams, three former employees told Fortune . The following day, it told staff it would close all 16 of its stores and sell exclusively online, leaving all retail employees out of a job with five days' notice. The people estimate there are now fewer than 15 employees left
Show less
Read more
Impact Snapshot
Event Time:
WRBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WRBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WRBY alerts
High impacting Warby Parker Inc. news events
Weekly update
A roundup of the hottest topics
WRBY
News
- The Secret Behind Emma Chamberlain's $20 Million Coffee Company–And Her Plans To Return To YouTube [Forbes]Forbes
- Warby Parker to Announce First Quarter 2024 Financial Results on May 9, 2024Business Wire
- Alvarez & Marsal Property Solutions Brings on Retail Real Estate Veteran Rebecca Fitts as Senior Vice President [Yahoo! Finance]Yahoo! Finance
- Warby Parker Publishes 2023 Impact Report [Yahoo! Finance]Yahoo! Finance
- Warby Parker Publishes 2023 Impact ReportBusiness Wire
WRBY
Earnings
- 2/28/24 - Miss
WRBY
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- WRBY's page on the SEC website