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News  ›  The Motley Fool

Why Warby Parker Stock Is Plummeting Today

The Motley Fool Logo The Motley Fool By Josh Kohn-Lindquist
Why Warby Parker Stock Is Plummeting Today

Warby Parker's stock dropped 15% after missing Wall Street's Q3 revenue expectations, despite growing sales by 15% and improving margins. The company remains an underdog in the eyewear market with potential for growth, especially with AI-powered glasses.

Insights
ICE   positive

Strategically invested $2 billion in Polymarket, positioning themselves as a stable infrastructure provider in the emerging prediction markets space


WRBY   neutral

Missed revenue expectations but showed operational growth and potential in AI-powered glasses market