Investors still seemed spooked after Federal Reserve Chairman Jerome Powell essentially told Wall Street that the central bank would continue to raise interest rates until inflation was brought to heel even if it meant rising unemployment and a recession. While the year-over-year comparison will eventually get easier, rising interest rates and an increasing risk of recession will only make it more difficult for the company to return to growth. Finally, Global-E Online has seen its share price drop nearly two-thirds from its peak over the last year as headwinds in the e-commerce sector have formed.