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May 26, 2020, 9:15 a.m. EDT

Stocks Hit 52-Week High: $CMG $MELI $SHOP

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May 26, 2020 (The Market Signal via Comtex) -- Sector Reports was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking for stocks to buy /zigman2/quotes/200781108/composite CMG -0.70% , /zigman2/quotes/200678442/composite MELI -0.05% or /zigman2/quotes/209033712/composite SHOP -1.20% then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

http://www.sectorreports.com.au/Free-Report/NOW

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Chipotle Announced New Project to Help Growth-Stage Ventures Trying to Assist Young Farmers

https://www.sectorreports.com.au/landing-page/?symbol=CMG

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Chipotle Mexican Grill, Inc. /zigman2/quotes/200781108/composite CMG -0.70% hit a new 52-week high of $1055.70. On May 20, the company announced Chipotle Aluminaries Project 2.0 based second class of ventures. This is an accelerator program, which is specifically designed to help and support those growth-stage ventures in the U.S., which are trying to find solutions to problems that young farmers face.

Chipotle Aluminaries Project 2.0 is sponsored by Chipotle Cultivate Foundation along with Uncharted, both of which are nonprofit 501(c) (3) organizations. This is a 7-months annual accelerator program which will allow connection of ventures to organizations and people that they require so as to scale their solutions, which include partners, funders and mentors.

Mercadolibre Reported Optimistic Quarter For 2020's Most Challenging Tenure

https://www.sectorreports.com.au/landing-page/?symbol=MELI

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Mercadolibre Inc /zigman2/quotes/200678442/composite MELI -0.05% with a price of $841.31 is at its new 52-week high. The company delivered optimistic financial and operational results for the first quarter of this year. This has remained one of the most challenging quarters for everyone. The company however reported an increase in its unique active users during the period ending March 31, 2020. Mercadolibre's unique active users increased 30.9% and totaled 43.2 million.

Mercado Pago did pretty well in the quarter too. Its total payment volume reached $8.1 billion, representing an increase of 43.5% USD on YoY basis and 82.2% on an FX neutral basis. Total payment transactions totaled 290.7 million, indicating an increase of 102.0% year-over-year, for Q1 2020.

Meanwhile, there was also an increase in off platform TPV, which rose 84.2% in USD and 139.5% YoY on a FX neutral basis reaching $4.7 billion in transactions.

The company also sold more numbers of items in the reported quarter, with sale reaching 105.7 million, representing 27.6% year-over-year growth.

Shopify Leads To Way through Event; Shows Them Path To Secure Businesses In Pandemic

https://www.sectorreports.com.au/landing-page/?symbol=SHOP

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Shopify Inc /zigman2/quotes/209033712/composite SHOP -1.20% hit a new 52-week high of $825.17. The leading global commerce company on May 20 announced that at company's first virtual event, Reunite there shall be a sale of new and updated products. This event hosts Shopify's global merchant community members.

The event is also open to company's partners along with public. This will include latest product news in several sectors, such as shipping, retail and finance in order to show how the company is assisting its merchants in securing their businesses amidst severe pandemic.

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The post Stocks Hit 52-Week High: $CMG $MELI $SHOP appeared first on The Market Signals .

COMTEX_366136817/2662/2020-05-26T09:15:08

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/zigman2/quotes/200781108/composite
US : U.S.: NYSE
$ 1,186.53
-8.40 -0.70%
Volume: 161,363
Aug. 14, 2020 4:02p
P/E Ratio
131.68
Dividend Yield
N/A
Market Cap
$33.18 billion
Rev. per Employee
$66,644
loading...
/zigman2/quotes/200678442/composite
US : U.S.: Nasdaq
$ 1,156.44
-0.61 -0.05%
Volume: 351,173
Aug. 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$57.49 billion
Rev. per Employee
$198,875
loading...
/zigman2/quotes/209033712/composite
US : U.S.: NYSE
$ 987.90
-12.00 -1.20%
Volume: 1.60M
Aug. 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$118.67 billion
Rev. per Employee
$268,307
loading...
/zigman2/quotes/200781108/composite
US : U.S.: NYSE
$ 1,186.53
-8.40 -0.70%
Volume: 161,363
Aug. 14, 2020 4:02p
P/E Ratio
131.68
Dividend Yield
N/A
Market Cap
$33.18 billion
Rev. per Employee
$66,644
loading...
/zigman2/quotes/200678442/composite
US : U.S.: Nasdaq
$ 1,156.44
-0.61 -0.05%
Volume: 351,173
Aug. 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$57.49 billion
Rev. per Employee
$198,875
loading...
/zigman2/quotes/209033712/composite
US : U.S.: NYSE
$ 987.90
-12.00 -1.20%
Volume: 1.60M
Aug. 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$118.67 billion
Rev. per Employee
$268,307
loading...

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