Consumer
Etsy Stocks Climb After Elon Musk Tweets He ‘Kinda’ Loves It
January 27, 2021 08:28 AM EST| By Hina ChowdharySummary Tesla and SpaceX founder Elon Musk sent out a tweet on Tuesday saying that he “kinda love(s)” e-commerce platform Etsy Inc. Etsy saw its stocks swing up by about eight per cent to a 52-week high of US$ 226.725 in intraday tr.....
SunOpta (SOY) & Jamieson (JWEL): 2 TSX Consumer Stocks to Explore
January 25, 2021 06:15 AM EST| By Hina ChowdharySummary Fast-moving Canadian consumer durables remain unaffected in 2020. SunOpta Inc. (TSX: SOY) has seen over 360 per cent growth. Jamieson Wellness Inc. (TSX: JWEL) witnesses over 33 per cent growth Despite widespread coronavirus disru.....
Vinco Ventures (NASDAQ:BBIG) Stock Pops 196% On Merger With ZASH
January 22, 2021 06:09 AM EST| By Kunal SawhneySummary Stocks of Vinco climbed over 196 per cent on Thursday as the M&A firm announced to combine with ZASH Global Media, a digital influencer platform. ZASH holds 2 billion monthly views on its platforms, with a network of over 350 millio.....
How Are Kits Eyecare (TSX:KITS) Stocks Doing After C$55-Mn IPO?
January 22, 2021 04:17 AM EST| By Team Kalkine MediaCanadian eyewear company Kits Eyecare Ltd (TSX:KITS) made its presence felt on the Toronto Stock Exchange (TSX) as it debuted on Tuesday, January 19, following a C$ 55 million initial public offering (IPO) earlier this week. Kits Eyecare saw its s.....
Canadian Tire (TSX:CTC) Hits 52-Week-High; Stock Zooms 80% in 9 Mos.
January 18, 2021 04:58 AM EST| By Team Kalkine MediaCanada-based consumer giant Canadian Tire (TSX: CTC) (TSX: CTC.A) touched its 52-week-high of C$ 181.75 on Thursday, January 14, 2021. The stock has gained over 8.5 per cent in the last one month, indicating a renewed interest from investors. Canadi...
This TSX Food Stock Skyrocketed By 300% In One Year!
January 15, 2021 10:13 AM EST| By Team Kalkine MediaMany food and retail companies, which depend heavily on consumers and sales from brick-and-mortar stores, have been hit hard due to COVID-19 pandemic. Despite the rapid influx of online revenues and store reopening spree, sales remained muted during...
Alimentation Couche-Tard (TSX:ATD) Stocks Trend On Carrefour Acquisition Plans
January 13, 2021 04:45 AM EST| By Team Kalkine MediaThe Quebec-based convenience-store company, Alimentation Couche-Tard Inc. (TSX: ATD.A, TSX: ATD.B), confirmed that it has initiated a potential acquisition discussion with the Paris-based grocer American depositary receipt (ADR) (CRRFY:US), as per th...
EV Stocks Set To Rise On Baidu-Geely's EV Plans, NIO’s New Launch
January 11, 2021 06:01 AM EST| By Team Kalkine MediaChinese search engine service Baidu Inc (NASDAQ: BIDU, BIDU:US) announced on Monday that it will be seeking a partnership for car manufacturer Zhejiang Geely Holding Group for the production of electric vehicles. Baidu’s move comes amid a risin...
PSAC Stocks Rise On Merger Plans With EV Startup Faraday Future
January 11, 2021 04:44 AM EST| By Team Kalkine MediaSummary Electric vehicle startup Faraday & Future Inc announced plans to go public via a merger with SPAC Property Solutions Acquisition Corp. Stocks of the blank check company have been trending high on the markets since the announcement. .....
The Evolving Auto Industry & Its Way Forward
January 09, 2021 06:34 AM EST| By Hina ChowdharyThe auto industry has been undergoing a massive transformation over the last decade. On one hand, new electric vehicle (EV) players disrupted the market, and on the other hand, the auto assembly chain and inventory sector suffered losses due to the C...
Extreme Vehicle Battery (CSE:ACDC) Stocks Soar On Market’s Green Energy & Crypto Rush
January 08, 2021 11:20 AM EST| By Hina ChowdharyStocks of Extreme Vehicle Battery Technologies Corp (CSE: ACDC) have popped up over 106 per cent with 57.43 million units changed hands on Friday morning (10:31 am ET), January 8. The technology company deals in electric vehicle (EV) and cryptocurre...
Linamar (TSX:LNR) & Maple Leaf (TSX:MFI): 2 Dividend-Paying Consumer Stocks
December 30, 2020 04:04 AM EST| By Kunal SawhneySummary Linamar is offering a quarterly dividend of C$ 0.12 per stock. Its stock has a present return on equity (ROE) of 5.07 per cent. Maple Leaf delivered a constant quarterly cash dividend of C$ 0.16 per unit this year. Its stock offers an R.....
Will EV Stocks Be A Market Topper In 2021?
December 29, 2020 08:42 AM EST| By Kunal SawhneySummary The EV industry is still in its formative years, but show signs of heading for a steep rise in the next decade. Elon Musk’s Tesla Inc has been a frontrunner in the race to be the EV industry topper. If all goes well, Apple could .....
XL Fleet Stocks Ride High After SPAC Merger
December 24, 2020 08:47 AM EST| By Hina ChowdharySummary XL Fleet Corp (XL) completed its merger with special purpose acquisition company Pivotal Investment Corporation II. Its stocks zoomed over 86 per cent following the development. The combined corporation will now trade on the New York S.....
Canoo (NASDAQ: GOEV) Stocks Plunges On Debut Post Merger With SPAC
December 23, 2020 08:53 AM EST| By Team Kalkine MediaSummary Canoo stocks tumbled nearly 4 per cent post its stock market debut on December 22, after completion of its merger with SPAC Hennessy Capital. Canoo has a current market cap of US$ 251 million.Its first day stock trad.....
Peloton Stocks Jump Over Precor Acquisition
December 22, 2020 11:04 AM EST| By Kunal SawhneySummary Peloton Interactive Inc has announced that it will be purchasing fellow exercise equipment company Precor Incorporated, a deal that is likely to be completed early next year. Peloton stocks jumped by over three per cent on Monday, Decem.....
Apple, Velodyne Lidar & Tesla: Are Self-driving Car Stocks The New Fad?
December 22, 2020 06:00 AM EST| By Kunal SawhneySummary Apple Inc is reportedly planning to enter the autonomous vehicle industry by 2024 with a self-driving passenger car. Velodyne Lidar stocks jumped almost 21 per cent on Monday in the wake of the Apple news. If Apple is successful in lau.....
Tesla To Debut On S&P 500 Today, Fifth Largest Constituent On Index
December 21, 2020 07:48 AM EST| By Hina ChowdharySummary Tesla Inc is the biggest company ever to be added to the benchmark S&P 500 index. Over 222 million stocks of the EV maker were traded on Friday. Tesla stock has catapulted by over 730 per cent this year. Electric vehicle maker.....
Wake Up & Smell The Coffee Stocks of Starbucks & Luckin Coffee Before Christmas 2020
December 18, 2020 08:20 AM EST| By Hina ChowdharySummary Luckin Coffee stocks shot up nearly 96 per cent on Thursday, December 17. Stocks of Starbucks Corporation grew nearly 34 per cent in the last six months and over 17 per cent this year. The US-based coffee chain giant reported its lates.....
Top 10 Consumer Stocks Of 2020
December 14, 2020 07:15 AM EST| By Kunal SawhneySummary A consumer-packaged meats company stocks are up 9 per cent in 2020, and it pays a quarterly C$ 0.16 per stock. A premium food producer stock has surged almost 14 per cent up YTD. It delivers earnings per share of C$ 2 per share. The th.....