Why Redbubble (ASX:RBL) is a bargain buy now: analyst
One fund sold off all its Redbubble Ltd (ASX: RBL) shares, but the portfolio manager has admitted it could be time to buy again with the stock heavily discounted.
Shares for the artwork merchandise marketplace had been as high as $7.35 in the past year, as a major beneficiary of the COVID-19 e-commerce boom.
But Redbubble shares sit at $3.34 at the time of writing — a 44% drop since its April financial update.
The Montgomery Fund revealed last week that it had completely exited its position just…
