Is it time to fade this short-term rally in the markets? Yes, this pro tells Yahoo Finance in large part because of the unpredictable nature of the coronavirus....
The company said retail sales in the United States dropped after March 21, before which consumers were stockpiling items in preparation for a lockdown. Meanwhile, retail sales at its UK business has plummeted 65% in the last 10 days. Walgreens executives said the situation was temporary as they fielded several questions from analysts on a conference call....
Ron Johnson, who is the former CEO of J.C. Penney and architect of Apple's retail stores, gives his take on the future of department stores during coronavirus....
In mid-March, Aurora Cannabis (ACB) hit a 52-week low of $0.60 per share, with some commentators believing it hadn't hit bottom yet. While it appears a bottom is in, the question going forward is whether or not the company can hold on to some of its recent gains.After hitting its bottom, a little over a week later the company soared to over $1.13 per share, pulling back to $0.85 per share as I write.In this article we'll look at whether or not the company will be able to sustain or increase these gains, and what it would take to do so.The key factor in the near termWithout a doubt the key to short-term growth for Aurora is recreational sales in Canada. If it is able to do well there, it will surprise the market to the upside and give its share price another boost that would have a good chance to...
