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home / news releases / LOVE - Lovesac Can Still Go Lower


LOVE - Lovesac Can Still Go Lower

The Lovesac Company (NASDAQ: LOVE) is a fascinating stock because it markets itself as a house-furnishing tech start-up. As you might expect, management's strategy to deliver shareholder value is through revenue grow at all costs. Unfortunately, like many other tech startups, LOVE isn't profitable yet. Still, in this article, I'll offer the reader a couple of valuation alternatives for LOVE. However, in both of them, LOVE appears to be overvalued. Therefore, I feel investors should pass up on the stock for now and wait for lower prices if they wish to speculate on this

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Stock Information

Company Name: The Lovesac Company
Stock Symbol: LOVE
Market: NASDAQ
Website: lovesac.com

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