tl;dr
Online retail stocks saw mixed performance on Cyber Monday, with early reports indicating higher-than-anticipated spending. Adobe Analytics projects Cyber Monday spending to reach $12.4 billion this year, with buy-now-pay-later services hitting nearly $800 million. Goldman Sachs noted lighter-than-e...
Online retail stocks saw mixed performance on Cyber Monday, with early reports indicating higher-than-anticipated spending. Adobe Analytics projects Cyber Monday spending to reach $12.4 billion this year, with buy-now-pay-later services hitting nearly $800 million. Goldman Sachs noted lighter-than-expected promotional activity, countering concerns of heavy discounting. Notable gainers included Qurate Retail ( 14.8%), Wayfair ( 6.3%), Hour Loop ( 5.1%), Etsy ( 3.2%), Newegg Commerce ( 3.1%), Solo Brands ( 1.6%), and Thred Up ( 1.2%), while e-commerce giant Amazon outpaced the S&P 500 Index with a 1.08% gain. However, Chewy underperformed, declining by 8.77% with elevated short interest at 16.9% of the total float, ahead of its upcoming earnings report on December 6.
More about Qurate Retail Inc Series A
Qurate Retail Inc Series A, Qurate Retail, Inc., operates in the video and online commerce industries in North America, Europe, and Asia. The company is headquartered in Englewood, Colorado. With a market cap of $11.298 billion and a stock price of $4.055, the company's stock has shown a 0.19% increase. The current sentiment in the retail-catalog & mail-order houses sector is slightly bearish, with a Relative Strength Index (RSI) of 29.38, indicating potential oversold conditions. However, the stock is currently trading slightly above its 50-day moving average, suggesting a possible bullish trend. It's important to note that past performance is not always indicative of future results, and there may be uncertainties and risks associated with this analysis.
More about Wayfair Inc
Wayfair Inc. (W) is a retail-catalog and mail-order house company with a market capitalization of $11.99 billion. The stock is currently trading at $107.78, down 8.25 points, representing a 7.63% decrease. The Relative Strength Index (RSI) stands at 65.31, indicating a bearish trend. The company's financials and market sentiment suggest potential risks and uncertainties in the near future.
More about Hour Loop Inc
Hour Loop Inc, an online retailer in the United States, has reported a decrease in net income by 0.08 per share, with a total revenue of 123.857 million. The stock has experienced a decline of 0.0217 in earnings per share, and currently trading at 3.533 per share. Despite the negative performance metrics, the market sentiment is relatively positive, with a bullish trend indicated by a RSI of 1.75. However, potential risks and uncertainties should be considered, as past market behavior is not always indicative of future performance.
More about Etsy Inc
Etsy Inc is a company focused on handmade or vintage items and craft supplies, falling under a wide range of categories including jewelry, bags, clothing, home decor and furniture, toys, art, as well as craft supplies and tools. The stock performance has been positive with a current price of $29.08 and a 52-week high of $73.41. The market sentiment is slightly bearish with a Relative Strength Index (RSI) of 21.87, indicating the stock may be oversold. The market cap is $27.13 billion, indicating a strong presence in the e-commerce sector. However, the potential risks or uncertainties associated with this analysis should be considered, as past market behavior is not always a reliable indicator of future performance.
More about Newegg Commerce Inc
Newegg Commerce Inc, a company in the life sciences, surgical, and medical instruments and apparatus industry, has reported a net income of $367,641,000 with a price-to-earnings ratio of 0.18. The stock performance has shown a slight decline, with a decrease of 4.097% and a negative earnings per share of -0.0437. Market sentiment appears to be bearish with a trading volume of 1,552,982,000 and a relative strength index of 3, indicating a potential oversold condition. The company is currently facing a resistance level at -0.406, and the overall trend is bearish with potential risks or uncertainties in the market.
More about Solo Brands Inc
Solo Brands Inc operates a direct-to-consumer platform offering branded outdoor lifestyle products in the United States. The company is headquartered in Southlake, Texas. The stock has a market cap of $304,851,000, with a current price of $13.87 per share. The stock has shown a 0% change in the last period and a 0.38% change in the last year. The Relative Strength Index (RSI) is at 8.51, indicating an oversold condition. The stock has a 0.0452 earnings per share (EPS) and a total revenue of $526,701,000. The stock has a price-to-earnings (P/E) ratio of 9.4 and a beta of -0.979. The market sentiment appears to be neutral with a potential bullish trend, but there are potential risks and uncertainties to consider.
More about ThredUp Inc
ThredUp Inc operates in the retail-catalog and mail-order houses sector, with a market capitalization of $216,647,000. The stock has shown a negative change of -0.73 and a price-to-earnings ratio of 3.023, indicating potential undervaluation. However, there is a negative change in the net income of -0.244, which may raise concerns about profitability. The stock's trading volume is 311,947,000, with a current price of $4.14. Market sentiment appears to be neutral with a slight positive momentum of 0.208, indicating a cautious optimism in the stock's performance. However, the company's focus on second-hand clothing and accessories may be subject to shifts in consumer behavior and economic downturns, leading to potential risks and uncertainties in future performance.
More about Amazon.com Inc
Amazon.com Inc is a major player in the retail-catalog and mail-order industry, with a market capitalization of $1.52 trillion. The stock price has shown a 1.91% increase, closing at $3,027.99. Market sentiment remains bullish, with a Relative Strength Index (RSI) of 53.95, indicating a potential upward movement. However, the stock is currently trading above its 50-day moving average, which could signal a potential resistance level. Investors should closely monitor the stock's performance for potential breakouts or reversals. It's important to note that past performance is not indicative of future results, and there are inherent risks in all stock investments.
More about Chewy Inc
Chewy Inc, a leading e-commerce company in the United States, has a market cap of $8.74 billion with a stock price of $169.08. The company's stock has shown a minimal increase of 0.12% and a 25.38% return on equity. With a relatively low beta of 0.0046, Chewy Inc appears to be less volatile compared to the overall market. The company's revenue stands at $10.8 billion, with a price-to-sales ratio of 33.99. Despite a slight decrease in net income margin by 0.2%, Chewy Inc's stock has shown a bullish trend with a positive sentiment in the market. However, it is important to note the potential risks and uncertainties associated with the company's future performance, as past market behavior is not always a reliable indicator of future performance.
Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.