Farfetch shares are trading higher following a Sky News report suggesting the company is in talks to secure emergency funding from Apollo.
Portfolio Pulse from Benzinga Newsdesk
Farfetch shares have risen after a report by Sky News indicated that the company is discussing emergency funding with Apollo.

December 13, 2023 | 8:39 pm
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Farfetch's stock price has increased due to reports of potential emergency funding discussions with Apollo.
The news of potential emergency funding suggests that Farfetch is taking steps to address its financial needs, which can reassure investors and positively impact the stock price in the short term. However, the need for emergency funding also raises concerns about the company's financial health, which could limit the stock's upside or lead to volatility as more details emerge.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100