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Pandemic winners and losers: We check in on 9 stocks that have had quite a ride

Pandemic winners and losers: We check in on 9 stocks that have had quite a ride

Last year, much was made of the "lockdown winners" in the stock market. As soon as it became clear we would all be inside for the foreseeable future, markets and investors tried to quickly adjust to what would be the "new normal".

We've selected 9 stocks that have had an interesting time of it, checking in on where their share prices are now.

The good

Some stocks boomed, and then kept booming. Etsy, the online marketplace for vintage gifts and homemade crafts saw its share price rise during the early days of the pandemic — and they haven't looked back since, gaining 555% since 2020. DocuSign, which lets organizations manage contracts and agreements electronically (no need to sign in-person), has also had a pretty smooth ride, up 257%.

But no company was the face of "pandemic winner" more than Zoom. The video-conferencing site has seen the shine come off pretty dramatically since last year, as expectations got ahead of the company's economic reality, but even so it's hard to put Zoom in any other bucket than "the pandemic was good for business".

The bad, then good

Few sectors got hit as hard as travel. Online travel company Expedia saw its shares shed almost 60% of their value, but they've since made a roaring comeback, as lockdowns have faded and we booked all those vacations we missed out on. Airbnb had a similar experience, going through a brutal restructuring for its employees, before business picked up and the company managed to get its IPO done. Since then it's up 38%.

Live Nation Entertainment, which is the parent company of Ticketmaster and other live event platforms, also managed to weather the storm, gaining 57% since the start of 2020, despite the turbulence of the early pandemic.

The ugly

Airlines, like American Airlines and Delta, still aren't back to where they started, with many taking on debt or issuing equity to get them through the tough times of reduced air travel. Then there's Peloton, which has done an even more extreme version of Zoom. Technically, shares are still up 60% on where they were at the start of 2020, but with everything moving in the wrong direction at their recent results, and the company still burning cash, that might not last.

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Starbucks issues apology after viral “Bearista” cup meltdown

Holiday cheer turned into chaos this week for Starbucks after the coffee giant’s new “Bearista” holiday cup sent fans into a frenzy. 

Dropped alongside its 2025 holiday menu, the $30 beanie-wearing glass bear tumbler sparked long lines, sellouts, and even in-store scuffles before Starbucks stepped in with an apology.

“The excitement for our merchandise exceeded even our biggest expectations,” the company said in a statement to People. “Despite shipping more Bearista cups to our coffeehouses than almost any other item this holiday season, the Bearista cup and some other items sold out fast.”

Within hours of launch, frustrated fans flooded Starbucks’ social media pages and even store hotlines. Some customers waited in line before dawn and others said their stores received only a handful of cups. In one Houston location, the craze even turned physical, with police reportedly called to break up a brawl. Meanwhile, the cup is already reselling on sites like eBay, with listings topping $600.

“We understand many customers were excited about the Bearista cup and apologize for the disappointment this may have caused,” Starbucks said. While in-store customers may be upset, investors seem happy about the viral hit, as the stock has risen over 3% on Friday.

If you’re still hoping for a Bearista at market price, that may not be on order: the chain didn’t disclose how many cups were made or whether a restock is planned.

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Target tells workers to smile, wave, and greet shoppers if they come within 10 feet of them

Target just rolled out a new rule for store employees: smile, make eye contact, and greet or wave when a shopper comes within 10 feet — and if they get closer, within four feet, ask whether they need help or how their day is going, according to a new Bloomberg report.

Dubbed the 10-4 program internally, the rule mirrors rival Walmarts own 10-foot policy, formalizing behavior Target had previously only encouraged.

business

Monster surges on energy drink buzz, while Celsius sinks on distribution concerns

Shares of Monster Beverage climbed 5% after the bell on Thursday, and held most of those gains into early trading on Friday, following strong Q3 results.

The energy drink giant topped market expectations, with quarterly sales up 17% year over year to $2.2 billion and adjusted net profits growing 41% to $524.5 million — 11% ahead of Wall Street’s estimates. In the report, Monster highlighted its zero-sugar line and new product launches, with a stack of novel flavors already released this year, as bright spots.

During a call with analysts, Chief Executive Hilton Schlosberg said that the global energy drink category “remains healthy with robust growth,” The Wall Street Journal reported, adding that demand for more affordable caffeinated drinks is rising as coffee has become “really expensive.”

Meanwhile, rival beverage business Celsius saw shares fall as much as 23% on its Q3 results yesterday — despite beating expectations, with revenue jumping 173% — largely due to concerns about a change in the company’s distribution channel, as its newly acquired Alani Nu brand joins the PepsiCo distribution network.

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