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May 27, 2020, 9:03 a.m. EDT

Stocks That Surged To All-Time High: $PDD $LULU $MNST

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May 27, 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/208876581/composite PDD -4.25% , /zigman2/quotes/204011506/composite LULU +1.01% or /zigman2/quotes/205899417/composite MNST -1.82% 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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Pinduoduo Adds 68% More Number of Average Monthly Active Users in Q12020

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Pinduoduo Inc - ADR /zigman2/quotes/208876581/composite PDD -4.25% is trading at $64.89 near its all time high of $69.69. Despite its unprecedented challenge of COVID-19, the innovative and fast growing technology platform and one of the leading Chinese e-commerce players reported a 44% increase in total revenue in unaudited financial results for quarter ended March 31, 2020.

Pinduoduo raked in $923.8 million of total revenue in Q12020, rising 44% from the same quarter prior year. Serving some of the finest products, this e-commerce also saw an increase in the number of Average monthly active users in Q12020, which totalled 487.4 million. This represented 68% increase from 289.7 million Average monthly active users in Q12019. With this, Pinduoduo shows a considerable growth and now serves more than 600 million active buyers.

Despite outbreak of virus, the company managed to stabilize the prices of medical and other daily necessities. The company shipped on average 50 million daily orders in March. The number of active buyers in one year for the period ended March 31, 2020 were 628.1 million, an increase of 42% from 443.3 million in corresponding period in 2019.

Lululemon to Open 76% of Its Stores across the World by June 6

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Lululemon Athletica Inc /zigman2/quotes/204011506/composite LULU +1.01% is trading at $281.41 near its all time high of $284.92. The fitness clothing seller last week announced reopening 200 stores by June 6, 2020. That means that by this time, Lululemon will have re-opened a total of around 350 stores, representing 76% of around 460 stores that it operates across the world.

Rebounding with the first mover advantage is the epicenter of coronavirus pandemic- China. Lululemon began reopening its stores in one of the largest economies of the world. This reopening is to be carried on in other countries like USA, Canada, New Zealand, Australia, and various European nations.

Until now, the brand has remained connected with its customers through digital offering, which ensured that it remained well positioned.

Monster Beverage Sees a Behavioural Consumer Shift in Product Demand in March 2020

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/zigman2/quotes/208876581/composite
US : U.S.: Nasdaq
$ 76.64
-3.40 -4.25%
Volume: 5.93M
Sept. 23, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$95.86 billion
Rev. per Employee
$1.71M
loading...
/zigman2/quotes/204011506/composite
US : U.S.: Nasdaq
$ 316.77
+3.17 +1.01%
Volume: 4.65M
Sept. 23, 2020 4:00p
P/E Ratio
76.84
Dividend Yield
N/A
Market Cap
$40.87 billion
Rev. per Employee
$227,587
loading...
/zigman2/quotes/205899417/composite
US : U.S.: Nasdaq
$ 77.79
-1.44 -1.82%
Volume: 1.43M
Sept. 23, 2020 4:00p
P/E Ratio
36.74
Dividend Yield
N/A
Market Cap
$41.79 billion
Rev. per Employee
$1.21M
loading...
/zigman2/quotes/208876581/composite
US : U.S.: Nasdaq
$ 76.64
-3.40 -4.25%
Volume: 5.93M
Sept. 23, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$95.86 billion
Rev. per Employee
$1.71M
loading...
/zigman2/quotes/204011506/composite
US : U.S.: Nasdaq
$ 316.77
+3.17 +1.01%
Volume: 4.65M
Sept. 23, 2020 4:00p
P/E Ratio
76.84
Dividend Yield
N/A
Market Cap
$40.87 billion
Rev. per Employee
$227,587
loading...
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