Shein stock seen facing further downside, Swissquote analyst says
Swissquote senior analyst Ipek Ozkardeskaya said Shein’s stock is likely to face further downside in the short/medium run, citing the stock’s valuation drop amid complicated geopolitical tensions.
Shein's stock price is likely to face further downside, says Ipek Ozkardeskaya, senior analyst at Swissquote, a Swiss banking group, in a commentary.
Shein's valuation drop comes against a backdrop of complicated geopolitical tensions. "In the short/medium run, the fact that Shein trades at around…