Temple & Webster Group (OTCMKTS:TPLWF) Trading Down 9.3% – Here’s What Happened

Temple & Webster Group Ltd (OTCMKTS:TPLWFGet Free Report)’s stock price traded down 9.3% on Thursday . The stock traded as low as $8.0750 and last traded at $8.0750. 160 shares changed hands during trading, an increase of 23% from the average session volume of 130 shares. The stock had previously closed at $8.90.

Temple & Webster Group Trading Down 9.3%

The company’s 50-day moving average is $11.99 and its two-hundred day moving average is $13.70.

Temple & Webster Group Company Profile

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Temple & Webster Group is an Australian-based e-commerce retailer specializing in furniture, homewares and décor. The company operates a digital marketplace that connects consumers with a broad network of independent suppliers, designers and manufacturers. Through its online platform, Temple & Webster offers a curated selection of indoor and outdoor furniture, lighting, textiles and decorative accessories aimed at both style-conscious homeowners and professional interior designers.

Founded in 2011 by entrepreneurs Mark Coulter and Michael Hingley, Temple & Webster has grown rapidly by leveraging a direct-to-consumer model and proprietary technology to streamline the shopping experience.

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