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MYT Netherlands Parent B.V. American Depositary Shares each representing one
2024-02-09 16:29:26 ET
Summary
1stdibs.Com, Inc. went public in June 2021 but has seen a decline in revenue since the end of the pandemic.
The company's results appear to be tied to the luxury home sales market, which has low volumes currently.
The company is focusing on improving mobile web conversion and targeting higher net-worth individuals, but it has been a difficult task in a softer demand environment.
My near-term outlook on 1stdibs.Com is Bearish.
Investment Outlook
1stdibs.Com, Inc. ( DIBS ) went public in the U.S. in June 2021, pricing its IPO at $20.00 per share....