PETA Became a Farfetch Shareholder—This is Why

Shares of Farfetch leaped more than 50 percent after the London-based luxury e-tailer sold 44.2 million shares and raised $885 million in its initial public offering debut on Friday. Among its investors? People for the Ethical Treatment of Animals (PETA), which says it will wield its newly purchased clout to convince Farfetch to stop selling…