Rivian shares are down over 60% this year but analysts aren’t giving up on the stock just yet. more...
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The sudden spike in benchmark oil prices from $70 in early January to $110 at present has weighed on airline stocks including JetBlue Airways (NASDAQ: JBLU). Fuel costs account for a fifth of JetBlue’s operating expenses and the 60% rise is expected to make a short-term dent on the bottom line... more...
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Estee Lauder stock price grew more than 2x from around $130 in 2018 end to almost $270 currently, primarily due to favorable changes in its P/S multiple. This does not come as a surprise, as the company has also witnessed a rise in revenue over this period, and revenue per share has risen, helped... more...
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