SFIX - Have eCommerce stocks finally finished falling?
A 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 those already invested in the space will certainly hope so. For example, high-multiple internet retail names like Chewy (NYSE:CHWY), Wayfair (W), Stitch Fix (SFIX), Etsy (ETSY), ThredUp (TDUP), and Farfetch (NYSE:FTCH) 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:POSH) and Revolve (RVLV) 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 sector. At the very least, analysts advise being
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Have eCommerce stocks finally finished falling?