Go short for a short term investment - Most likely it will move sideways as the majority of the stocks in the same business of Urban Outfitters.
Fundamental Analysis
Urban Outfitters — The clothing retailer’s stock tumbled 5% in extended trading after the company released its first-quarter financial results. Urban Outfitters reported a loss of $1.41 per share on revenue of $588 million, missing analysts’ expectations of a loss of 29 cents per share with revenue of $627 million, according to Refinitiv. The retailer’s comparable retail net sales dropped 28% from the same period last year, a decrease driven by store closures from the coronavirus, according to a company statement. Urban Outfitters also reported that its preliminary gross profit dollars decreased by 95.6% to $11.8 million.
Fundamental Analysis
Urban Outfitters — The clothing retailer’s stock tumbled 5% in extended trading after the company released its first-quarter financial results. Urban Outfitters reported a loss of $1.41 per share on revenue of $588 million, missing analysts’ expectations of a loss of 29 cents per share with revenue of $627 million, according to Refinitiv. The retailer’s comparable retail net sales dropped 28% from the same period last year, a decrease driven by store closures from the coronavirus, according to a company statement. Urban Outfitters also reported that its preliminary gross profit dollars decreased by 95.6% to $11.8 million.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.