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home / news releases / LOVE - Lovesac May Have A Liquidity Crisis


LOVE - Lovesac May Have A Liquidity Crisis

The impacts of the coronavirus shutdown will have acerbic impacts across the retail industry, especially those companies that are small and not sufficiently capitalized to withstand several months of slow operations. Lovesac (LOVE), the small-cap maker of sectionals and other niche furniture, is among those companies most at risk. Shareholder value has been absolutely demolished in this company, and relatively quickly. After going public in mid-2018 at a whopping $24 per share, Lovesac's shares are now worth less than a third of that, with year-to-date losses of 70% alone:

Data by YCharts

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Stock Information

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

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