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MYTE - Mytheresa: Strong Potential But Near-Term Headwinds Persist
MYT Netherlands Parent B.V. American Depositary Shares each representing one
Mytheresa, a leading global luxury fashion e-commerce company, went public last May at $30.1 and has now fallen over 60%.
The company is growing revenue and income rapidly with a great opportunity ahead of them.
It is now trading at a compelling valuation but multiple near-term headwinds may affect its revenue growth. Therefore, I believe the stock is a hold until the macro environment improves.