5 Best Falling Stocks To Buy Now

3. Farfetch Limited (NYSE:FTCH)

Year To Date Share Price Losses: 70.75%

Number of Hedge Fund Investors In Q3 2023: 27

Farfetch Limited (NYSE:FTCH) is a British luxury fashion retailer headquartered in London, the United Kingdom. The company is going through a rather interesting time right now, as amidst rumors that it considering going private, Farfetch Limited (NYSE:FTCH) announced in November 2023 that it will not release financials for the third quarter and that previous forecasts were invalid.

After digging through 910 hedge funds for this year’s September quarter, Insider Monkey found that 27 had bought Farfetch Limited (NYSE:FTCH)’s shares. Steve Cohen’s Point72 Asset Management was the biggest investor among these courtesy of its $26.5 million investment.

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