Luxury Clothing Marketplace Farfetch Rises in Market Debut

By Anonymous

Company is the latest tech-facing firm to see strong gains in its first day of trading

Farfetch Ltd. shares rose in the online luxury goods company’s U.S. trading debut Friday, making it the latest tech-facing firm to see strong investor interest in its stock offering.

Shares recently traded up 46% to $29.25 from the London-based company’s initial offering price of $20. The stock has gained as much as 53% during the trading day.

Wednesday,...