Workflow
Why Lovesac Stock Sagged by 37% in December
LOVEThe Lovesac pany(LOVE) The Motley Fool·2025-01-05 03:17

As 2024 drew to a close, it seemed there wasn't a great deal of investor love for Lovesac (LOVE 2.47%). They shunned the specialty furniture maker's shares after it posted a less-than-inspiring quarterly earnings report. A gloomy analyst update didn't help to improve the situation. Across December, Lovesac's stock lost more than 37% of its value.Losses and expectationsMuch of that sell-off occurred in the middle of the month in the wake of Lovesac's release of its third-quarter fiscal 2025 figures. These re ...