232.50 -2.85 (-1.21%)
Pre-market: 5:52AM EST
|Bid||0.00 x 1300|
|Ask||232.85 x 3000|
|Day's range||232.07 - 250.80|
|52-week range||35.61 - 285.00|
|Beta (5Y monthly)||1.35|
|PE ratio (TTM)||N/A|
|Earnings date||02 Mar 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||252.84|
Identifying them is not always a simple task, but businesses that successfully position themselves to ride such tailwinds can enjoy long stretches of growth in both revenue and net income. Acting as an effective middleman between merchants and consumers is PayPal (NASDAQ: PYPL).
Rather, it's an all-out battle between momentum-focused retail investors on Reddit and Robinhood and perceived big-money institutional investors. Beginning with GameStop, retail investors have piled into dozens of heavily short-sold and/or low-priced stocks with the purpose of driving their share prices into the stratosphere. Canadian marijuana stock Sundial, which was primarily targeted by retail investors for its penny-stock share price, is up 482% over the trailing three months, as of this past weekend.
Shares of high-flying e-commerce stocks including Stitch Fix (NASDAQ: SFIX), Sea Limited (NYSE: SE), and MercadoLibre (NASDAQ: MELI) were falling today on a broader sell-off in tech stocks. There was no major news out on any of these companies but they were likely falling in sympathy with Shopify (NYSE: SHOP), the e-commerce software company, which reported strong fourth-quarter earnings this morning but also warned that revenue growth would slow in 2021 as vaccines roll out, foreshadowing a slowdown across the e-commerce sector. As of 12:43 p.m. EST, Stitch Fix was down 8.3%, Sea Limited had fallen 4.1%, and MercadoLibre shares were off 3.6%.