RVLV stock jumped nearly 10% Tuesday. Why? The increase began after the e-commerce retailer received positive news from research analysts at Raymond James and Cowen.
Here’s what we know.
RVLV Stock Moves HigherOn July 2, research analysts at Raymond James and Cowen gave RVLV stock an Outperform rating. This move sent shares of Revolve Group (NYSE:RVLV) well into the green zone. According to Raymond James, Revolve Group’s offering “addresses how next-Gen consumers prefer to shop including e-commerce/digital channels, aspire to express individual style, and look to social media and digital content from influencers ...
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