BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Global-e Online Stock Drops Amid Tariff Concerns Despite Strong Earnings
Global-e Online Stock Drops Amid Tariff Concerns Despite Strong Earnings
15
2
BTCCSquare news:
Global-e Online's shares fell 7% despite reporting a 28% revenue increase and raising full-year guidance to 31% sales growth. The decline reflects market anxiety over new U.S. tariffs and the end of de minimis customs exemptions, which could complicate cross-border e-commerce.
The company's operational performance remains robust, with consistent revenue growth across recent quarters. Its newly launched 3B2C solution aims to mitigate tariff impacts by leveraging international footprints, suggesting the sell-off may be an overreaction to short-term regulatory headwinds.
By:
