Quarterly reporting season is drawing tough comparisons for ASX e-commerce shares following supercharged COVID-19 earnings in 2020. This has dragged the JB Hi-Fi Ltd (ASX: JBH) share price down 10% in the last five trading sessions.
There appears to be a diverging performance between e-commerce shares such as Redbubble Ltd (ASX: RBL) and Kogan.com Ltd (ASX: KGN) that have suffered sharp declines in recent weeks. And more traditional brick and mortar businesses such as Adairs Ltd (ASX: ADH) and Dusk Group Ltd (ASX: DSK) have soared to record territory.
So where does JB Hi-Fi stand amidst this volatility and could this be a buying opportunity for…
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