|Bid||25.86 x 1100|
|Ask||25.98 x 900|
|Day's range||25.75 - 26.39|
|52-week range||24.10 - 89.60|
|Beta (5Y monthly)||2.20|
|PE ratio (TTM)||23.04|
|Earnings date||01 Nov 2022 - 07 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||30.82|
Shares of Lulu's Fashion Lounge Holdings (NASDAQ: LVLU) were trading down 17.5% as of 11:28 a.m. ET on Wednesday. The company reported revenue growth of 27% over the year-ago quarter, but lower margins put pressure on profitability, sending the stock down. Year to date, the stock has fallen 37%, underperforming the broader market.
Consider that in 2013, Amazon had $74 billion in sales. Naysayers then may have questioned Amazon's continued prospects, and they would have missed out on incredible returns. At the same time, there were plenty of less well-known companies that arrived on the scene and stole other growth companies' thunder.
Shares of Revolve Group (NYSE: RVLV) are falling today, down by 14.5% as of 11:34 a.m. ET following the company's second-quarter earnings release. Revolve reported an increase in revenue and higher gross margin, but business conditions worsened in July, causing a sharp deceleration in revenue growth. Investors have been on pins and needles, punishing any company that shows signs of weakness.