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3 Consumer Cyclical Stocks To Watch Right Now Consumer cyclical stocks have been on investorsâ radars this week. Yes, they crashed harder than most parts of the stock market did back in March. Logically, youâd think that these companies would continue to suffer as long as the pandemic is around right? Well, the top consumer cyclical stocks now have proven that there are those in the sector with resilience, nonetheless. For example, take a look at Nikeâs (NYSE: NKE) share prices. NKE stock is currently looking at gains of over 130% since the stock market crashed last March. In fact, it hit a new all-time high during yesterdayâs trading session. Another example of this would be the e-commerce apparel website Etsy (NASDAQ: ETSY). Its shares surged by over 270% in the past year. With investors chasing these stocks, could it be wise to follow suit? ....
Vacation rental giant Vacasa has selected ANGI Homeservices executive Jamie Cohen to serve as the company’s new chief financial officer, it was announced Tuesday. Cohen previously spent nearly two years as the chief financial officer at ANGI Homeservices, before leaving to come to Vacasa. While at ANGI Homeservices Cohen helped drive the company’s “growth from $200 million to $1.4 billion in revenue,” according to a Vacasa statement. Prior to working as CFO at ANGI Homeservices, Cohen was the company’s vice president of finance. The statement adds that she “oversaw key initiatives including multiple acquisitions and the reverse merger of HomeAdvisor with Angie’s List.” ....
GameStop Adds Pet Food Billionaire to Its Board of Directors ✖ GameStop has announced this week that it is immediately appointing three new directors to the board in agreement with RC Ventures, one of the company s largest stockholders that is managed by pet food company Chewy co-founder Ryan Cohen. Those three new directors are Alan Attal, Jim Grube, and Cohen. It is no secret that GameStop has been struggling of late, closing hundreds of stores last year alone. The number of closed stores only grows when you take into account recent history beyond 2020. These new directors are specifically being added in order to accelerate transformation, according to GameStop. We believe the Company can enhance stockholder value by expanding the ways in which it delights customers and by becoming the ultimate destination for gamers, Cohen said as part of the announcement. Alan, Jim and I are committed to working alongside our fellow directors and the management team to conti ....
Jamie Cohen and Vacasa CEO Matt Roberts (Photos via Vacasa; Bussiness Wire) Vacation rental startup Vacasa has hired a new CFO with IPO experience, as the company lays the groundwork for a post-Covid recovery. The company said Tuesday that it hired Jamie Cohen, the former chief financial officer of ANGI Homeservices, to join the executive team during its “next stage of growth.” Cohen will assume the role in March. She replaces Jim Grube, who left Vacasa in November after about a year on the job. While weathering a volatile year for the hospitality industry, Vacasa’s C-suite has undergone dramatic changes. ....