Why is SVV down?
Down 5.1% today, more than its pawn & resale peers' 0.9%; no story names it yet.
Rose on Nov 6
Up 8% on Nov 6 while the S&P 500 rose 0.3%.
“Stores using ThriftIQ continue to demonstrate gross profit growth, with higher unit sell-through, larger baskets and stronger sales yields”
Why SVV still lags the market over three years
Down 23% over the three years to Nov 9 while the S&P 500 rose 80%; up 8% on Nov 6.
3 reasons, from its filings, with the timeline, for Pro members.