Stock

Chegg (CHGG) Stock Sinks As Market Gains: What You Should Know

Chegg (CHGG) closed the most recent trading day at $69.20, moving -1.79% from the previous trading session. This move lagged the S&P 500’s daily gain of 1.34%. Elsewhere, the Dow gained 2.13%, while the tech-heavy Nasdaq added 0.94%.

Heading into today, shares of the provider of online textbook rental services had gained 18.68% over the past month, outpacing the Computer and Technology sector’s gain of 7.45% and the S&P 500’s gain of 3.92% in that time.

Wall Street will be looking for positivity from CHGG as it approaches its next earnings report date. This is expected to be August 3, 2020. In that report, analysts expect CHGG to post earnings of $0.34 per share. This would mark year-over-year growth of 47.83%. Meanwhile, our latest consensus estimate is calling for revenue of $136.76 million, up 45.7% from the prior-year quarter.

Looking at the full year, our Zacks Consensus Estimates suggest analysts

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Stitch Fix Gains 72% in 3 Months: What’s Driving the Stock?

Stitch Fix, Inc. SFIX is displaying solid momentum on bourses thanks to its constant efforts to improve client experience. Notably, management continues to strengthen its digital capabilities, with its direct-buy service stealing the show. Impressively, this online personal-styling service company’s shares have appreciated 72.3% over the past three months, significantly outperforming the industry’s 14.6% rally and the broader S&P 500 Index’s 12.5% growth.

Let’s Explore

Stitch Fix’s direct-buy facility, which was introduced last year, has been gaining massive popularity. This integrated facility allows clients to shop and select products directly from the company’s website or mobile app with highly personalized recommendations. Management continues to expand the facility to grab higher market share. The company has also started collecting client-feedback data on shipped direct-buy items, which will further reinforce personalized recommendations.

 

In order to make the facility an important client-acquisition tool, the company introduced “Trending For You” in early June. This

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China State Funds Start Selling in Warning Sign for Stock Rally

(Bloomberg) — China acted to cool the speculative frenzy in its $9.5 trillion stock market, ending a euphoric eight-day surge that had fueled worries of a new bubble in the making.

Signs of Beijing’s unease over the rally’s speed emerged late Thursday, when a pair of government-owned funds announced plans to trim holdings of stocks that soared this week. On Friday the state-run China Economic Times warned about the dangers of a “crazy” bull market, while Caixin reported that regulators had asked mutual fund companies to cap the size of new products.

Traders said the moves amounted to a warning from Chinese officialdom that the country’s world-beating equity boom has gone too far, too fast. While cheerleading from state-run media helped ignite gains at the end of last month, authorities appear keen to engineer a steady bull market rather than a repeat of the bubble that ended in a $5

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The brands that still have stock

As lockdown measures begin to ease, make sure you have one of these on you: The Independent
As lockdown measures begin to ease, make sure you have one of these on you: The Independent

Throughout the coronavirus outbreak, government guidelines, medical experts and health organisations such as the World Health Organisation and the Centers for Disease Control and Prevention have advised that regularly washing hands for 20 seconds at a time can prevent the spread of germs.

Health experts have stated that the virus is spread through droplets transmitted into the air from coughing and sneezing, which people nearby can take in through their nose, mouth or eyes.

However, if the droplets land on surfaces and are picked up on the hands of others, it can spread further.

If you are not able to wash your hands with soap and water, then hand sanitiser is the next best thing, as long as it contains at least 60 per cent alcohol, which will kill microorganisms on the skin.

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Old Bay’s Limited-Edition Hot Sauce Is Back In Stock After Selling Out Almost Instantly

Photo credit: Old Bay - Instagram
Photo credit: Old Bay – Instagram

From Delish

Update, June 29, 2020 4:58 p.m.: After a few Old Bay hot sauce-less months for many of us, the brand recently announced that it has restocked, meaning you can now get your hands on a bottle again.

Yes, this limited-edition Old Bay Hot Sauce is available online while supplies last via their website. In fact, you can get a two-pack of the sauce for $8.95, which is so reasonable I could cry.

In case you need inspiration, they recommend putting it on things like cocktails, lettuce wedge salads, pasta and potato salads, fried chicken, crab cakes, and dips, but let’s be real, we’re putting it on everythinggggg.

Original, January 29, 2020 2:30 p.m.: If you’ve tried Old Bay, you know that it is a seasoning sent straight from heaven above to make things like fries, seafood, burgers, you name it, taste so

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