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Why Revolve Group Dropped 11.7% This Week

Why Revolve Group Dropped 11.7% This Week

Shares of Revolve Group (NYSE: RVLV) dropped 11.7% this week, according to S&P Global Market Intelligence. Investors are still selling off the online fashion retailer after a disappointing first-quarter earnings report and lowered price targets from multiple Wall Street analysts. The selling didn't stop this week in Revolve Group stock, even though there was no news posted from the company.