LightInTheBox shares surge 10.12% intraday as recent 26% monthly gain aligns P/S with industry median.

Lightinthebox Holding surged 10.12% intraday, driven by a broader 26% monthly price gain highlighted in a Simply Wall St analysis. The report notes the stock’s P/S ratio has aligned with the industry median despite a 34% year-over-year revenue decline and a 52% three-year drop. While the valuation metric’s parity with peers may signal perceived undervaluation, the analysis warns of underlying risks, including unsustainable revenue trends and a projected industry growth of 8.1%. The intraday rally appears tied to speculative optimism amid mixed fundamentals, with investors potentially betting on a turnaround despite deteriorating sales.