Últimas noticias sobre Chewy (NYSE:CHWY) Bolsa

Chewy

Chewy is the largest e-commerce petcare retailer in the US, generating $11.2 billion in 2023 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a stand-alone company in 2019 after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods, like crates, leashes, and bowls.

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General

CHWY

GameStop presenta resultados mixtos: ganancias superan expectativas pero ingresos decepcionan. Así reaccionaron sus acciones en el premarket.

Acciones de GameStop (GME) se desploman en premercado: ¿qué está pasando?

Chewy Inc

Chinese EV giant BYD Co Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) is reportedly offering discounts of up to 11.5% on its Song Pro DM-i and Qin Plus EV vehicle models.
What Happened: The Song Pro DM-i and the Qin Plus EV now have a starting price of 99,800 yuan, marking a discount of 11.5% and 9.1% from their price before the discount, Reuters reported. The discount is valid until Jan. 26.
BYD is China&#8217;s biggest EV seller and a major rival to American EV giant Tesla Inc. However, unlike Tesla, BYD makes both plug-in hybrid and battery electric vehicles, together referred to as new energy vehicles. 
Why It Matters: In the last quarter of 2023, <a href="https://www.benzinga.com/24/12/42680542/tesla-or-byd-which-ev-giant-will-sell-more-battery-electric-vehicles-in-q4">BYD sold 526,409 battery electric vehicles</a>, effectively replacing Tesla as the world's biggest seller of BEVs. Tesla in that quarter delivered just 484,507 units.
Tesla regained its position as the world's top seller of BEVs in the first quarter after selling 386,810 BEVs, 86,696 units more than BYD. Tesla kept up its lead in both Q2 and Q3. 
While it is unclear who will take the lead in the fourth quarter, both are trying to entice buyers with offers. Tesla is currently offering a discount of 10,000 yuan on the purchase of inventory <a href="https://www.benzinga.com/news/global/24/12/42681583/chinas-ev-industry-likely-to-outpace-us-and-allies-but-elon-musks-tesla-could-still-make-gains">Model Y vehicles in China</a>, its second-biggest market outside the U.S.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/tech/24/12/42668333/tesla-model-x-lucid-gravity-or-rivian-r1s-which-three-row-electric-suv-is-a-better-buy" target="_blank" rel="noreferrer noopener">Tesla Model X, Lucid Gravity Or Rivian R1S: Which Three-Row Electric SUV Is A Better Buy?</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

BYDDY

BYD Offers Discounts Of Up To 11.5% On Select EVs As Year End Nears

Reported Earlier, Castellum Plans Public Offering Of Common Stock

XCUR

Reported Earlier, Exicure Signs Deal With GPCR Therapeutics To Acquire Subsidiary And Advance Biotech Growth

<ul>
<li>HYQVIA [Immune Globulin Infusion 10% (Human) with Recombinant Human Hyaluronidase] is the First and Only Facilitated Subcutaneous Immunoglobulin (fSCIG) Approved in Japan for Agammaglobulinemia and Hypogammaglobulinemia</li>
<li>Administration of Recombinant Human Hyaluronidase Prior to Immunoglobulin Facilitates Subcutaneous Infusion of Larger Volumes, Potentially Reducing Frequency and Giving Patients More Flexibility</li>
<li>Approval Expands Takeda's Portfolio of Differentiated Immunoglobulin Therapies and Reflects the Company's Commitment to Bring High-Quality Plasma-Derived Therapies to Patients in Japan</li>
</ul>

Takeda Gains Approval For HYQVIA In Japan To Treat Immunodeficiency

<ul>
<li>VYVDURA&#xAE; now approved for at-home self-injection in Japan for both generalized myasthenia gravis and CIDP</li>
<li>argenx's VYVGART&#xAE; and VYVDURA portfolio approved in Japan for three indications – first country globally with access across three indications</li>
</ul>

ARGX

argenx Gets Approval For VYVDURA In Japan To Treat Chronic Inflammatory Demyelinating Polyneuropathy Patients

Nio Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) brand Onvo said on Friday that it has delivered <a href="https://www.benzinga.com/tech/24/12/42681165/nios-onvo-brand-helps-spur-delivery-growth-with-cheaper-offering">20,000 units of its L60 SUV</a> within 100 days of commencing deliveries. 
What Happened: Onvo made the announcement via a post on the social media platform Weibo. 
Nio launched its family-oriented lower-priced EV brand Onvo in May this year. The company launched the L60 SUV on Sept. 19 and started deliveries on Sept. 28.
Now, merely a hundred days after launch, the company delivered 20,000 units.
The Onvo L60 is a mid-size electric SUV that starts at 206,900 yuan ($28,347) with the battery pack included, much lower than Tesla's affordable models Model 3 or Model Y in China.
Why It Matters: In September, Nio delivered 832 Onvo L60s despite having only a few selling days. In October, the first full month of sales, Onvo deliveries rose to 4,319. In November, L60 deliveries rose to 5,082. 
This implies that Onvo has sold 9,767 units of the L60 thus far in December, marking its highest monthly delivery total to date.
Nio, the company&#8217;s premium EV brand, <a href="https://www.benzinga.com/24/12/42260165/li-auto-xpeng-nio-heres-how-november-deliveries-of-chinese-ev-startups-stack-up">delivered just 15,493 vehicles in November</a> despite its longer lineup. Onvo, meanwhile, is closing in 10,000 deliveries in a month with just one vehicle model. At the current pace, Onvo is likely to take over Nio as the parent company&#8217;s best-selling brand. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42668333/tesla-model-x-lucid-gravity-or-rivian-r1s-which-three-row-electric-suv-is-a-better-buy" target="_blank" rel="noreferrer noopener">Tesla Model X, Lucid Gravity Or Rivian R1S: Which Three-Row Electric SUV Is A Better Buy?</a></li>
</ul>
Photo courtesy: Nio

Global

Onvo Sells 20,000 EVs In 100 Days Of Launch, Gearing To Be Nio's Best-Selling Brand

Macro Economic Events

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Industrial Production (MoM) Preliminary For November -2.3% Vs. -3.4% Est.; 2.8% Prior

Reported Earlier, Japan Tokyo Core Consumer Price Index (YoY) For December 2.4% Vs. 2.5% Est.; 2.2% Prior

Strive Asset Management, a company co-founded by Vivek Ramaswamy, announced plans for an exchange-traded fund on Thursday that would seek exposure to convertible securities issued by companies investing in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
What Happened: The proposed ETF, named the Strive Bitcoin Bond ETF, aims to expose investors to the growing &#8220;Bitcoin bond&#8221; market, leveraged by companies like MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) to fund Bitcoin acquisitions, an SEC <a href="https://www.sec.gov/Archives/edgar/data/1592900/000159290024002726/strivebitcoinbondetf485a.htm">filing </a>showed.
&#8220;Under normal circumstances, at least 80% of the notional exposure of the Fund (through securities and financial instruments) will be to Bitcoin Bonds,&#8221; the filing read.
Strive said that the fund will treat convertible debt as equity securities, despite the instruments having some attributes of debt securities.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42691548/floki-eyes-dogecoin-rivalry-with-second-meme-coin-exchange-traded-product">Floki Eyes Dogecoin Rivalry With Second Meme Coin Exchange-Traded Product</a>
Why It Matters: The filing comes amid a growing trend of companies issuing convertible bonds to support their Bitcoin purchase strategy. Michael Saylor-led MicroStrategy has been the market leader, <a href="https://www.benzinga.com/markets/equities/24/11/42186167/michael-saylors-microstrategy-convertible-notes-to-buy-bitcoin-offer-no-interest-so-why-are-investors-rushing-to-buy-them">issuing these bonds at 0% interest</a>.
A convertible note is a hybrid instrument that can be exchanged for equity in the company at a later date. The conversion feature of these notes eventually helps the debt holders to benefit from the equity upside on conversion. 
The strategy has drawn a fair share of criticism, with <a href="https://www.benzinga.com/24/11/42228264/crypto-analyst-flags-convertible-debt-induced-liquidation-risk-to-michael-saylors-microstrategy">analysts pointing out the risks</a> of debt buyers not converting to shares before maturity.
Meanwhile, popular cryptocurrency analyst James Van Straten noted that Strive&#8217;s filing meant &#8220;more vested interest&#8221; for Bitcoin to do well under the Trump administration.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Vivek Ramaswamy owns Strive with outside investment from the now Vice President J.D Vance. More vested interest for <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> to do well from the Trump Administration. <a href="https://t.co/iN4gQyi4ZN">https://t.co/iN4gQyi4ZN</a>
&mdash; James Van Straten (@btcjvs) <a href="https://twitter.com/btcjvs/status/1872369373878640870?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Strive founder Ramaswamy <a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently">was appointed</a> by President-elect Donald Trump to lead the new Department of Government Efficiency along with tech mogul Elon Musk.
Ramaswamy&#8217;s involvement in the cryptocurrency sector isn&#8217;t new. During his run for the Republican presidential nomination, Ramaswamy advocated for reducing the Securities and Exchange Commission&#8217;s reach and <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36637284/the-bitcoin-president-that-wasnt-what-the-crypto-community-is-saying-about-vivek-ramaswamy">providing clarity</a> in cryptocurrency regulation.
Price Action: At the time of writing, Bitcoin was exchanging hands at $96,007.97, down 2.65% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Photo: Gage Skidmore on flickr
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42690488/are-donald-trumps-ambitious-bitcoin-goals-feasible">Are Donald Trump&#8217;s Ambitious Bitcoin Goals Feasible?</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

MSTR

Vivek Ramaswamy's Strive Applies For 'Bitcoin Bond' ETF That Tracks MicroStrategy's Convertible Securities Market

Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) creator Vitalik Buterin said Thursday that he has adopted baby hippo &#8220;Moo Deng,&#8221; donating a significant amount for the adorable creature and her family.
What happened: In an X post, Buterin called himself the "adoptive father" of Moo Deng and vowed to provide financial assistance for the pygmy whose cute antics have broken the internet.
Buterin set aside 88 Ether, worth $296,785, for Moo Deng and assured that he would donate more in the future.
"May they live long and prosper," the cryptocurrency entrepreneur said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Thanks for the warm welcome to the family and your work for wild animals! I&#39;m happy to be adoptive father to Moo Deng as she grows up over the next 2y and support her with my 10M THB donation, maybe more as I set aside 88 ETH for&#x1f99b;+ frens. May they live long and prosper&#x1f596;&#x1f3fb; <a href="https://t.co/l24vPybhTi">pic.twitter.com/l24vPybhTi</a>
&mdash; vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1872249492218708250?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Buterin&#8217;s generous gesture was a token of gratitude to Thailand and its people for their hospitality, according to a letter released by Thailand&#8217;s Khao Kheow Open Zoo, where Moo Deng is housed.
Buterin stated in his letter that he received great hospitality in the country, particularly recognizing the support for Ethereum events.&nbsp;
"What better way to do than through a Christmas present to someone who is dear to all Thai people, Moo Deng, and who has become one of the most unexpected and important Thai celebrities on the world stage," Buterin said, offering gratitude.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42665539/north-korean-hackers-suspected-presence-triggers-over-500-million-in-outflows-from-crypto-exchange">North Korean Hackers&#8217; Suspected Presence Triggers Over $500 Million In Outflows From Crypto Exchange</a>
Why It Matters: Buterin has shown his philanthropic side on several occasions in the past, including donating billions of dollars worth of Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) for <a href="https://www.benzinga.com/markets/cryptocurrency/21/07/22190225/ethereum-co-founder-donated-1b-shiba-inu-to-aid-india-in-covid-19-battle-money-reaching-th">COVID relief in India</a> and sending generous amounts to <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40422601/dogecoin-shiba-inu-fall-as-ethereum-co-founder-vitalik-buterin-donates-over-500k-worth-of-">animal charities</a> around the world.
He has supported the<a href="https://www.benzinga.com/markets/cryptocurrency/24/03/38009277/vitalik-buterin-calls-out-copy-and-paste-meme-coins-i-want-to-see-higher-quality-fun-proje"> charitable aspect of meme coins</a>, where a portion of the supply can be used for the needy.&nbsp;
As for Moo Deng, her popularity even spawned a meme coin, Moo Deng (MOODENG), worth $273 million in market capitalization. The Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)-based meme coin has exploded a staggering 368824% in value since launch in September.
Price Action: At the time of writing, MOODENG was exchanging hands at $0.2766, largely unchanged in the last 24 hours, <a href="https://coinmarketcap.com/currencies/moo-deng-solana/">according </a>to CoinMarketCap.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/12/42665334/will-dogecoin-hit-the-widely-anticipated-1-target-in-q1-2025-probably-not-but-musk-led-doge-could-hold-the-key">Dogecoin &#8216;Parabolic Rally&#8217; In 2025 Foreseen By Popular Analyst If &#8216;History Repeats&#8217; Just Like In 2017, 2021</a></li>
</ul>

$ETH

$SHIB

$SOL

All Vitalik Buterin Wanted For Xmas Was A Hippopotamus — Ethereum Co-Founder Is Now The Adoptive Father Of Viral Sensation Moo Deng

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) could emerge as &#8220;the next Oracle&#8221; in the artificial intelligence revolution, according to Wedbush Securities analyst Dan Ives, who dubbed the data analytics firm &#8220;the Messi of AI&#8221; despite its stock already surging 395.42% in 2024.
What Happened: The company&#8217;s stock, trading at $82.14, has become the S&amp;P 500&#8217;s top performer this year, pushing its market capitalization to $183.23 billion. This remarkable run has positioned Palantir well above Wedbush&#8217;s $75 price target, though Ives maintains strong conviction in the company&#8217;s growth trajectory.
&#8220;Looking ahead to the next 5-10 years, I believe it&#8217;s all about Palantir. In the context of the AI revolution, this is just the beginning,&#8221; Ives emphasized <a href="https://www.youtube.com/watch?v=CcTK53LhP2w">on</a> CNBC&#8217;s Closing Bell Overtime. He describes Palantir as a &#8220;table-pounder&#8221; stock that investors should consider adding to their portfolios, despite its current price-to-earnings ratio of 411.90.
Former Palantir employee Alex Fishman, now with Empros Capital, provided additional insight into the company&#8217;s potential: &#8220;When I look at Palantir, it&#8217;s one of the few companies where I can easily envision it becoming 10 or 20 times its current size.&#8221; 
Fishman highlighted Palantir&#8217;s crucial role in defense and commercial sectors, describing it as &#8220;the glue that ties everything together&#8221; in coordinating critical technological efforts.
See Also: <a href="https://www.benzinga.com/markets/asia/24/12/42692036/billionaire-investors-michael-burry-david-tepper-could-benefit-from-chinas-stimulus-measures">Billionaire Investors Michael Burry, David Tepper Could Benefit From China&#8217;s Stimulus Measures</a>
Why It Matters: Wall Street&#8217;s broader consensus remains more conservative, with an average price target of $35.58 based on 20 analyst ratings. However, recent updates suggest growing optimism. UBS issued an $80 price target on December 19, while Mizuho and Baird released positive outlooks, though their average target of $64.67 still implies a potential downside.
The company&#8217;s technical indicators suggest room for continued growth, with an RSI reading of 62 indicating the stock isn&#8217;t yet in overbought territory despite its dramatic rise. The stock&#8217;s 52-week range of $15.66 to $84.80 reflects its volatile but upward trajectory.
In the same discussion, Ives also raised Apple Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) price target to $325, citing AI initiatives, though he emphasized Palantir&#8217;s unique position in the enterprise AI space. As companies increasingly adopt AI solutions, Ives believes Palantir&#8217;s commercial expansion and defense sector dominance position it for continued growth into 2025.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42696614/cathie-wood-takes-profit-on-hot-ai-stock-palantir-again-continues-to-sell-block-shares-amid-bitcoin-buzz">Cathie Wood Takes Profit On Hot AI Stock Palantir Again, Continues To Sell Block Shares Amid Bitcoin Buzz</a></li>
</ul>
Image Via Pixabay
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

AAPL

PLTR

Palantir Touted As 'Next Oracle' By Dan Ives: Here Is Why The Wedbush Analyst Called The Company A 'Table Pounder'

On Thursday, U.S. stocks experienced a slight downturn as the S&amp;P 500 and NASDAQ indices both edging lower marginally. The S&amp;P 500 slipped by 0.04% to 6,037.59, while the NASDAQ fell 0.05% to 20,020.36. Meanwhile, the Dow Jones Industrial Average saw a marginal increase of 0.07%, closing at 43,325.80.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Rigetti Computing Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>)
Rigetti Computing&#8217;s stock surged by 36.04%, closing at $15.44. It hit an intraday high of $15.50 and a low of $10.76, with a 52-week range of $0.66 to $15.50. Rigetti Computing was in focus after launching its 84-qubit <a href="https://www.benzinga.com/24/12/42681352/us-futures-tumble-after-christmas-break-but-analysts-still-expect-a-santa-claus-rally">Ankaa-3 quantum computer</a> with improved hardware. The stock has been in focus as investor attention shifts to Quantum computing and hit an all-time high on Thursday.
GameStop Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)
GameStop shares increased by 5.94%, closing at $32.99. The stock reached a high of $34.37 and a low of $31.60, with a 52-week high of $64.83 and a low of $9.95. The rally was influenced by a <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42679610/roaring-kittys-christmas-post-has-gamestop-rallying-7-in-overnight-trading-memecoin-connected-to-trader-also-surge">Christmas post</a> from Roaring Kitty a.k.a Keith Partick Gil which sparked interest among investors.
Palladyne AI Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDYN#NASDAQ">PDYN</a>)
Palladyne AI saw its stock jump by 47.57%, closing at $7.29. The stock&#8217;s intraday high was $8.86, with a low of $6.30, and it has a 52-week range of $1.26 to $8.86. The surge followed the company&#8217;s announcement of its&nbsp;<a href="https://www.benzinga.com/24/12/42693853/palladyne-ai-shares-are-surging-today-what-you-need-to-know">successful autonomous tracking flight</a>&nbsp;using its Palladyne Pilot AI software.
Phunware Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>)
Phunware&#8217;s stock rose by 27.91%, closing at $5.50. It reached a high of $5.63 and a low of $4.29, with a 52-week high of $24.01 and a low of $2.85. The stock&#8217;s volatility is linked to its ties with President-elect Donald Trump and the <a href="https://www.benzinga.com/news/24/12/42680116/trump-linked-phunware-ceo-charts-overseas-plans-as-president-elect-makes-white-house-comeback-doesnt-end-on-election-day">company&#8217;s plans for global expansion</a>.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock experienced a slight decline of 1.76%, closing at $454.13. The stock&#8217;s intraday high was $465.33, with a low of $451.02, and it has a 52-week range of $138.80 to $488.54. The company&#8217;s Senior Vice President of Automotive, Tom Zhu, highlighted Tesla&#8217;s <a href="https://www.benzinga.com/24/12/42680075/tesla-exec-says-we-will-be-ready-to-efficiently-produce-autonomous-vehicles-as-shanghai-megafactory-nears-completion">readiness to produce autonomous vehicles</a> efficiently as the Shanghai Megafactory nears completion.
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/12/42638957/warren-buffetts-timeless-advice-if-youre-gonna-do-dumb-things-because-your-stock-goes-down-you-shouldnt-own-a-stock-at-all?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Warren Buffett&#8217;s Timeless Advice: &#8216;If You&#8217;re Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn&#8217;t Own A Stock At All&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

NFLX

PDYN

PHUN

RGTI

TSLA

Rigetti Computing, Gamestop, Palladyne AI, Phunware, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

Leading cryptocurrencies fell Thursday after a festive surge on Christmas gave way to profit-taking.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-3.69%</td>
<td>$95,658.87</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-4.37%</td>
<td>$3,338.32</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-6.97%</td>
<td>$0.3116</td>
</tr>
</tbody>
</table>
</figure>
What Happened: After teasing the $100,000 mark on Christmas, Bitcoin witnessed a steep decline, falling to an intraday low of $95,170.
Ethereum dropped to the $3,300 region following the to-and-from movement between $3,440 and $3,510.
Trading volumes for both currencies rose, indicating that traders returned from their Christmas break to book profits.
Over $270 million was liquidated from the market in the last 24 hours, with long liquidations accounting for $200 million.
Bitcoin's Open Interest increased by 0.97% in the last 24 hours. The majority of them were short positions, as evidenced by a drop in the Long/Short Ratio.
That said, nearly $760 million in short positions risked liquidation if Bitcoin rebounds to $100,000.
The market sentiment was "Greed," according to the Crypto Fear &amp; Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitget Token (BGB)</td>
<td>+29.39%</td>
<td>$7.48</td>
</tr>
<tr>
<td>FTX Token (FTT)</td>
<td>+3.98%</td>
<td>$5.77</td>
</tr>
<tr>
<td>Hyperliquid (HYPE)</td>
<td>+3.43%</td>
<td>$27.35</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.31 trillion, following a contraction of 3.88% in the last 24 hours.
Trading resumed on Wall Street after the Christmas holiday. The Dow Jones Industrial Average squeezed out a narrow gain of 0.07% to close at 43,325.80. The S&amp;P 500 slid 0.04%, ending at 6,037.59, while the tech-focused Nasdaq Composite closed down 0.05% at 20,020.36.
<a href="https://www.benzinga.com/markets/commodities/24/12/42686302/nasdaq-dips-over-100-points-us-initial-jobless-claims-fall">U.S. jobless claims</a> for the week ending Dec. 21 came at 219,000, lower than analyst estimates of 224,000.
The benchmark 10-year Treasury yield remained broadly unchanged at 4.587% after pushing beyond 4.6% early morning.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Influential cryptocurrency analyst and trader Ali Martinez called attention to Bitcoin dipping below its "most significant" support level at $97,300.
"So, for the bearish outlook to be invalidated, BTC must reclaim this critical area of support and, more importantly, sustain a daily close above $100,000," Martinez stated.
As it turned out, the leading cryptocurrency failed to reach these predictions, remaining stuck in the $95,000 range.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> recently broke below one of its most significant support zones at $97,300. So, for the bearish outlook to be invalidated,<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> must reclaim this critical area of support and, more importantly, sustain a daily close above $100,000!<a href="https://t.co/oaE6S8cP0Q">https://t.co/oaE6S8cP0Q</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1872271711414219129?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Bitcoin's Christmas rally and subsequent retrace made it one of the top trending tokens on social media, according to on-chain analytics firm Santiment.
Discussions about its upcoming price moves, such as a climb to $100,000 or a drop to $90,000, dominated social media.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f5e3;&#xFE0F; As crypto markets look to recover after the Christmas $100K BTC tease and immediate drop thereafter, the top trending tokens across social media are: &#x1fa99; Bitcoin <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>: Discussions about investment strategies, its role as a store of value, and its adoption for international… <a href="https://t.co/3KkPBzan7I">pic.twitter.com/3KkPBzan7I</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1872376820311437684?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Image via Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42690488/are-donald-trumps-ambitious-bitcoin-goals-feasible">Are Donald Trump&#8217;s Ambitious Bitcoin Goals Feasible?</a></li>
</ul>

Movers

Trading Ideas

$DOGE

Bitcoin, Ethereum, Dogecoin Pull Back After Christmas Rally: Top Analyst Reveals What Happens Next After BTC Fails To Record Daily Close Above $100K

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>). and Block Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>). Notably, the firm had sold shares of both these companies ahead of Christmas as well.
The Palantir Trade
Ark Invest decided to sell 103,410 shares of Palantir Technologies Inc. through its ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>). The sale, valued at approximately $8.5 million based on Palantir&#8217;s closing price of $82.14, aligns with Ark&#8217;s recent trend of reducing its position in Palantir. 
Palantir&#8217;s stock has seen a <a href="https://www.benzinga.com/24/12/42673408/palantir-stock-is-trading-at-all-time-highs-whats-going-on">remarkable surge</a>, climbing over 380% since the beginning of the year, largely due to its strong positioning in the AI sector. This rally gained momentum in November following the company&#8217;s impressive quarterly results, which highlighted robust demand for AI solutions.
The Block Trade
In another strategic move, Ark Invest sold 15,342 shares of Block Inc. from ARKK. This transaction was valued at approximately $1.4 million, calculated from Block&#8217;s closing price of $91.48. Block, previously known as Square, has been a key player in the digital payments space and has a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) focus. Bitcoin has been in focus as the leading cryptocurrency has been consistently hitting <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42334991/as-bitcoin-hits-100k-for-the-first-time-ark-invests-cathie-wood-calls-it-a-much-bigger-idea-than-gold-and-that-it-is-still-is-in-early-innings">new all-time highs</a> this year. For more insights into Ark&#8217;s recent trading activities, visit this <a href="https://www.benzinga.com/24/12/42676432/cathie-woods-pre-christmas-sale-ark-invest-dumps-even-more-tesla-palantir-stock">Benzinga report</a>.
See Also: <a href="https://www.benzinga.com/24/12/42679707/bitcoin-ethereum-gain-dogecoin-slips-as-sentiment-turns-positive-on-christmas-analyst-throws-reality-check-for-overexcited-participants?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum Rise, Dogecoin Slides Amid Positive Christmas Sentiment: Analyst Cautions $110K Target For BTC Possible Only When&#8230;</a>
Other Key Trades:
<ul>
<li>GitLab Inc: Ark Invest purchased 219,606 shares through the ARKK.</li>
<li>CRISPR Therapeutics AG: A buy of 57,889 shares was made by Ark through the ARKK.</li>
<li>Adaptive Biotechnologies Corp: Ark sold 75,957 shares from the ARKG.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/12/42649292/mark-cubans-surprising-purchase-of-a-whole-town-near-dallas-was-a-favor-for-a-friend-and-he-wanted-to-rename-it-to-dinosaur-texas?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban&#8217;s Surprising Purchase Of A Whole Town Near Dallas Was A Favor For A Friend – And He Wanted To Rename It To Dinosaur, Texas</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

ARKK

Cathie Wood Takes Profit On Hot AI Stock Palantir Again, Continues To Sell Block Shares Amid Bitcoin Buzz

On Thursday, former U.N. Ambassador and 2024 presidential candidate Nikki Haley took to X to express her support for American workers and culture in response to Department of Government Efficiency Co-head Vivek Ramaswamy.
What Happened: Ramaswamy, who is set to lead DOGE along with Elon Musk under President-elect Donald Trump, had said that the reason why top tech companies often hire foreign-born engineers over U.S.-born engineers isn&#8217;t because of IQ deficit but rather because of &#8220;culture.&#8221;
He said, &#8220;A culture that celebrates the prom queen over the math olympiad champ, or the jock over the valedictorian, will not produce the best engineers.&#8221;
Ramaswamy went on to say that under Trump, the U.S. could have a potential &#8220;Sputnik&#8221; movement and witness the &#8220;beginning of a new golden era.&#8221;
Haley responded by saying that there was &#8220;nothing wrong with American workers or American culture.&#8221; She said, &#8220;All you have to do is look at the border and see how many want what we have. We should be investing and prioritizing in Americans, not foreign workers.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">There is nothing wrong with American workers or American culture. All you have to do is look at the border and see how many want what we have. We should be investing and prioritizing in Americans, not foreign workers. <a href="https://t.co/fIGr45C3LD">https://t.co/fIGr45C3LD</a>
&mdash; Nikki Haley (@NikkiHaley) <a href="https://twitter.com/NikkiHaley/status/1872344248915554712?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/24/12/42638957/warren-buffetts-timeless-advice-if-youre-gonna-do-dumb-things-because-your-stock-goes-down-you-shouldnt-own-a-stock-at-all?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Warren Buffett&#8217;s Timeless Advice: &#8216;If You&#8217;re Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn&#8217;t Own A Stock At All&#8217;</a>
Why It Matters: Ramaswamy and Haley have a history of heated exchanges. Haley&#8217;s post can be seen as a continuation of her strong stance during the <a href="https://www.benzinga.com/news/23/09/34964396/nikki-haley-clashes-with-vivek-ramaswamy-over-tiktok-every-time-i-hear-you-i-feel-a-little-bit-dumbe">GOP debates</a>. She has been vocal about her disapproval of Ramaswamy&#8217;s decision to join TikTok, a platform she considers dangerous due to its connections with the Chinese government.
During the&nbsp;<a href="https://www.benzinga.com/news/23/11/35691834/things-turn-nasty-during-gop-debate-after-vivek-ramaswamy-attacks-nikki-haleys-daughter-for-using-ti">third GOP debate</a>, things turned sour when Ramaswamy accused Haley of hypocrisy for criticizing his use of TikTok while her own daughter was using the platform.
Despite these controversies, Haley emerged as the winner in the third GOP presidential debate, according to a <a href="https://www.benzinga.com/news/23/11/35717884/nikki-haley-winner-vivek-ramaswamy-loser-in-third-gop-presidential-debate-but-trump-remains-top-choi">poll</a> conducted by 538, Washington Post, and Ipsos. Ramaswamy, on the other hand, found himself at the bottom of the ratings.
Image via Shutterstock
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

Nikki Haley Blasts DOGE Co-Head Vivek Ramaswamy For His Take On 'American Culture' — 'All You Have To Do Is Look At The Border And See How Many Want What We Have'

SYTA

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

SYTAW

HYBI

Walker & Dunlop Arranges $245M Loan From TYKO Capital To Facilitate Construction Of The Greyson Tower, New Jersey

The Master Services Agreement will become effective on January 1, 2025, at which time, the master services agreement, dated September 22, 2022, between LiveWire and H-D, will terminate.
The Master Services Agreement has an initial term of seven years and will be renewable upon mutual agreement.&nbsp;
&nbsp;

LVWR

On December 23, 2024, LiveWire Group Entered Master Services Agreement With Harley-Davidson - Filing

Argos Holdings GP LLC, a majority owner (more than 10%) of Chewy Inc. ($CHWY) sold shares worth $620.99 million last week. This is the sixth big In...

Insider Trade: Majority Shareholder Sells Chewy Shares Worth $621M

In a report released today, Anna Andreeva from Piper Sandler maintained a Buy rating on Chewy (CHWY – Research Report), with a price target of $40....

Chewy (CHWY) Receives a Buy from Piper Sandler

What can FedEX and Nike tell investors about the state of the consumer

BofA analysts added Ametek (AME), Chewy (CHWY), and XPO, Inc (XPO) to the firm's US 1 List while removing Kirby (KEX). The list represents a collec...

Ametek, Chewy, XPO added to US 1 List at BofA

Winners and losers from the November retail sales report

Chewy and XPO are new additions to BofA's list of favorite stocks

Chewy: Fetching Strong Growth In 2025

In a regulatory filing, Chewy (CHWY) disclosed that its CEO Sumit Singh sold 71.2K shares of common stock on December 19th in a total transaction s...

Chewy CEO sells $2.3M in common stock

The retail market is attractive due to expanding demand across various sectors, increased consumer spending, technological advancements, and a favorable economic environment fostering growth opportunities, making innovative retail stocks like Petco Health and Wellness Company (WOOF), Chewy (CHWY), and Levi Strauss (LEVI), which are adapting to new consumer trends, worth considering. Read on... The retail sector is expanding with innovations in social commerce, AI, personalization, and automation, driving improved outcomes. Consumer spending has increased on goods like apparel and essentials, as well as pet care. In this favorable landscape, investors could consider innovative retail stocks like Petco Health and Wellness Company, Inc. (<a href="https://stocknews.com/stock/WOOF/">WOOF</a>), Chewy, Inc. (<a href="https://stocknews.com/stock/CHWY/">CHWY</a>), and Levi Strauss &amp; Co. (<a href="https://stocknews.com/stock/LEVI/">LEVI</a>).
The retail sector, adapting to new consumer trends, offers stable investment potential, as consumer goods companies typically see consistent demand. With the U.S. Federal Reserve cutting interest rates by <a href="https://www.reuters.com/markets/rates-bonds/view-fed-cuts-25-bp-scales-back-2025-easing-projections-2024-12-18/">25 basis points</a> to 4.3% - 4.5% in December and projecting two more cuts by the end of 2025, the favorable economic environment presents an opportune time to invest in the sector as demand rises.
Consequently, the consumer goods market is projected to reach $2.80 trillion in 2024, with an expected <a href="https://www.statista.com/outlook/io/manufacturing/consumer-goods/worldwide">CAGR of 1.2%</a> from 2024 to 2029. Notably, the ever-evolving trends of the apparel sector benefit the consumer goods industry by driving online sales growth, influencing digital innovation, and enhancing customer experiences through personalized services, especially during the holidays now.
Further, the retail sector benefits from increased pet ownership, which has fueled demand for pet products and services. Retail innovations like auto-ship subscriptions and discounts are boosting sales, while growing interest in high-quality, health-focused pet foods is reshaping the market. The pet services market is projected to grow at a <a href="https://www.globenewswire.com/news-release/2024/11/27/2988366/28124/en/Pet-Services-Market-Forecast-by-Pet-Services-Service-Delivery-Channel-and-Region-2025-2030.html">CAGR of 11.7%</a>, reaching $63.96 billion by 2030.
Considering these conducive trends, let's analyze the fundamental aspects of the three <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> picks, beginning with the third choice.
Stock #3: Petco Health and Wellness Company, Inc. (<a href="https://stocknews.com/stock/WOOF/">WOOF</a>)
WOOF operates as a health and wellness company, focusing on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. The company provides veterinary care, grooming, training, telehealth, Vital Care, and pet health insurance services, as well as veterinary services through Vetco mobile clinics.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a>, WOOF's 1.17x is 19% higher than the industry average of 0.99x.
In the third quarter that ended November 2, 2024, WOOF's total net sales grew 1.2% from the year-ago value to $1.51 billion. The company's gross profit came in at $575.76 million, up 4.6% year-over-year. Furthermore, its adjusted EBITDA rose 12.6% from the prior year's quarter to $81.24 million.
Analysts expect WOOF's revenue for the quarter ending April 30, 2025, to increase 2% year-over-year to $1.56 billion. It surpassed the consensus EPS estimates in each of the trailing four quarters. WOOF's stock has gained 100% over the past nine months to close the last trading session at $3.96.
WOOF's robust outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Growth and Quality. Within the <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> industry, it is ranked #16 out of 55 stocks. To access WOOF's grades for Value, Momentum, Stability, and Sentiment, <a href="https://stocknews.com/stock/WOOF/">click here</a>.
Stock #2: Chewy, Inc. (<a href="https://stocknews.com/stock/CHWY/">CHWY</a>)
CHWY engages in the pure-play e-commerce business in the United States. It provides pet food, treats, pet supplies, pet medications, and other pet health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.
In terms of the trailing-12-month Return on Common Equity, CHWY's 130.34% is considerably higher than the 11.03% industry average. Its 13.59% trailing-12-month Return on Total Assets is 245.2% higher than the 3.94% industry average. Additionally, its 3.88x trailing-12-month asset turnover ratio is 298.8% higher than the 0.99x industry average.
CHWY's net sales for the third quarter ended October 27, 2024, increased 4.8% year-over-year to $2.88 billion. The company's gross profit rose 7.9% compared to the prior-year quarter, reaching $843.87 million. Additionally, its adjusted net income and adjusted EPS increased 33.8% and 33.3%, respectively, from the year-ago values, to $84.92 million and $0.20.
For the quarter ending January 31, 2025, CHWY's EPS is expected to grow 10.4% year-over-year to $0.20. Its revenue for the same quarter is expected to rise 12.8% year-over-year to $3.19 billion. It surpassed the Street EPS estimates in three of the trailing four quarters. Over the past nine months, the stock has gained 90.1% to close the last trading session at $33.72.
CHWY's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has a B grade for Quality. It is ranked #13 in the same industry. To see CHWY's Growth, Value, Momentum, Stability, and Sentiment ratings, <a href="https://stocknews.com/stock/CHWY/">click here</a>.
Stock #1: Levi Strauss &amp; Co. (<a href="https://stocknews.com/stock/LEVI/">LEVI</a>)
LEVI designs, markets, and sells apparel and related accessories for men, women, and children worldwide. The company offers jeans, casual and dress pants, activewear, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi's, Dockers, Signature by Levi Strauss &amp; Co., Denizen, and Beyond Yoga brands.
On October 11, 2024, LEVI's Beyond Yoga launched Club Beyond, a weeklong pop-up in New York City featuring fitness classes, wellness workshops, exclusive retail, and customization experiences. The event aims to expand its customer base, deepen engagement, and highlight the brand's pillars: mind, body, and connection.
In terms of the trailing-12-month EBIT margin, LEVI's 9.36% is 16.5% higher than the 8.03% industry average. Likewise, its 9.98% trailing-12-month levered FCF margin is 124.1% higher than the 4.45% industry average. Furthermore, the stock's 8.82% trailing-12-month Return on Total Capital is 41.8% higher than the 6.22% industry average.
During the fiscal third quarter that ended August 25, 2024, LEVI's net revenues increased marginally year-over-year to $1.52 billion. Similarly, its operating income stood at $30.30 million. For the same period, the company's adjusted EBITDA rose 25.6% from the year-ago value to $225.30 million.
Street expects LEVI's EPS and revenue for the quarter ending November 30, 2024, to increase 9.2% and 5.2% year-over-year to $0.48 and $1.74 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters. LEVI's stock has gained 12.9% over the past year to close the last trading session at $17.39.
LEVI's solid prospects are reflected in its POWR Ratings. It has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B grade for Growth, Sentiment, and Quality. It is ranked #2 in the Consumer Goods industry. Beyond what we stated above, we also have given LEVI grades for Value, Momentum, and Stability. Get all the LEVI's ratings <a href="https://stocknews.com/stock/LEVI/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
CHWY shares were trading at $34.77 per share on Monday afternoon, up $1.05 (+3.11%). Year-to-date, CHWY has gained 47.14%, versus a 26.33% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/chwy-levi-woof-3-innovative-retail-stocks-adapting-to-new-consumer-trends/>3 Innovative Retail Stocks Adapting to New Consumer Trends</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Innovative Retail Stocks Adapting to New Consumer Trends

AMZN

BRBR

ETSY

LEVI

MSFT

NVDA

URBN

WOOF

Screenshot 2024-02-27 at 6.34.08 PM

Emerging Markets

FRPT

More Millennials Are Opting For Pets Over Children As Pet Industry Continues To Grow

Press Releases

Chewy Announces Fiscal Second Quarter 2024 Financial Results Conference Call

Chewy Announces Second Quarter 2024 Financial Results

Chewy, Inc. Announces Public Offering of Class A Common Stock by Selling Stockholder and Concurrent Share Repurchase

Chewy, Inc. Announces Pricing of Offering of Class A Common Stock by Selling Stockholder and Concurrent Repurchase

Chewy Set to Join S&P MidCap 400

Chewy Claus is Back to Help Thousands of Pets Find Loving Homes; Spread Holiday Magic

Chewy Announces Fiscal Third Quarter 2024 Financial Results Conference Call

Chewy Announces Third Quarter 2024 Financial Results

SPGI

SRCL

Academy Sports and Outdoors, Inc. - Common Stock

Academy Sports

BARK

Build-A-Bear Workshop

Bath & Body Works

Barnes & Noble Education, Inc Common Stock

Barnes & Noble Education

Dick's Sporting Goods

Envela

National Vision Holdings, Inc. - Common Stock

National Vision Holdings

Five Below

1-800-FLOWERS.COM, Inc. - Class A Common Stock

1-800-Flowers.com

Fitell

MarineMax

Leslies

PetMed Express

Sally Beauty Holdings, Inc. (Name to be changed from Sally Holdings, Inc.) Common Stock

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