LightInTheBox: Tumbles as loss widens

LightInthebox Holding

20/09/2018 19:28

** China-based online retailer's shares  LITB.N  fall as
much as 34 pct to record low of 66 cents
    ** Co posts loss of 14 cents per ADS vs prior-year loss of 3
cents  urn:newsml:reuters.com:*:nPn187VZRa
    ** Q2 net sales fall ~29 pct to $55.4 mln, while total sales
orders plunge 89 pct to 900k
    ** Stock currently down 24 pct at 75 cents
    ** >62k shares traded, 7.5x their 25-day moving avg
    ** Stock down 67 pct YTD

 (Reporting by Saumya Sibi Joseph in Bengaluru)
 ((Reuters Messaging:
saumya.joseph.thomsonreuters.com@reuters.net))