Why Lovesac Stock Was Falling Today

Why Lovesac Stock Was Falling Today

Shares of Lovesac (NASDAQ: LOVE) were down 16% as of 11:40 a.m. ET on Wednesday after the company delivered better-than-expected earnings results for the fiscal third quarter ending Oct. 30. It was a strong quarter in the context of the economic environment. Lovesac clearly has a superior brand positioning and is taking significant market share.