Business
The Kogan (ASX:KGN) share price has halved in 2021 – The Motley Fool Australia
The Kogan.com Ltd (ASX: KGN) share price has had a dramatic fall from grace in 2021 after dropping by around 50% since the start of the year.
The Kogan.com Ltd(ASX: KGN) share price has more than halved in 2021. Shares in the company opened the year at around $19.42. At the time of writing, Kogan shares are trading at just over 50% of this level at $9.85.
Last year, Kogan was a market darling as the COVID-19 pandemic forced consumers to flock online. As a result, shares in the online retailer surged to all-time highs of around $25 per share by October 2020.
So why has the Kogan share price fallen from grace?
In its most recent market…
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