Square (NYSE: SQ), and
Roku Inc. (NASDAQ: ROKU). A lot of these companies had an amazing performance in 2020, but might have pulled forward years of demand. Now, as the economy reopens, they face pressure to explain how they’re going to drive toward profits and how they can keep the excitement going.
It’s not like these are necessarily stocks you can consider flash in the pans. People who got used to exercising at home and invested in a PTON machine probably aren’t going to abandon it for the gym right away, or necessarily at all. And MRNA’s vaccine technology has possibilities beyond the success of their Covid vaccine, analysts recently told Barron’s. PYPL and SQ’s technology was already in demand before Covid, though the pandemic might have given them a boost.
Here s My Ride: Lyft Up After Close And Uber Tomorrow For Glimpse At Reopening Economy
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The race is on to buy new cars, and prices are going up
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With Subaru’s plant shutdown in the U.S. through May 2, it may be harder to find a 2021 Subaru Outback or 2022 Outback model this summer. Subaru will lose approximately 15,000 vehicles to the production shutdown affecting SUV shoppers this spring and summer. The microchip shortage is affecting new Subaru models, and it’s raising used car prices.
A new study from Consumer Reports reveals that demand for used cars is pushing prices up with the shortage of new vehicles. The average cost of a used car jumped 12.5 percent over the past year, from $21,020 to $23,643, according to the National Automobile Dealers Association.