This 2.5-foot Christmas tree is a seasonal toy kids will love to decorate themselves — my daughter plays with it all through December
How 5G and the IoT will transform telecoms, enterprise, government, and consumer tech
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Stock Alert: Niu Technologies Down On Earnings Miss, Outlook
Shares of Chinese electric scooter company Niu Technologies (NIU) are down more than 12% Monday morning after missing third-quarter earnings. The company provided fourth-quarter revenue outlook, that fell short of the Street view.
The company reported earnings in the third quarter of $0.15 per share, that missed the average estimate of analysts polled by Thomson Reuters at $0.22 per share.
Revenues for the quarter increased 36.7% year over year to RMB 894.5 million.
For the fourth quarter, NIU expects revenues to be in the range of RMB 565 million to RMB 615 million, an increase of 5% to 15%. The consensus estimate is for 57.2% growth.
NIU is currently trading at $31.30. It has traded in the range of $6.08- $37.44 in the last one year.
Stock Alert: Micron Technology Touches New 52-week High
Shares of are Micron Technology, Inc. (MU), a manufacturer of memory and storage products, are adding almost 4 percent or $2.43 in Monday’s morning trade at $63.83. The company’s shares touched a new 52-week high of $64.25 despite no company-specific news.
U.S. stocks are rising on Monday with investors reacting positively to news that AstraZeneca’s coronavirus vaccine candidate being developed in collaboration with Oxford University had an average efficacy of 70 percent. Adding to the positive sentiment, the FDA has granted an emergency use authorization for Regeneron’s Covid-19 antibody treatment, while purportedly helped President Donald Trump fend off the disease.
Micron Technology has traded in a range of $31.13 to $64.25 in the past 52 weeks.
Stock Alert: Kaixin Auto Trading 50% Higher
Shares of Chinese used car dealership company Kaixin Auto Holdings (KXIN) are surging more than 50% Monday morning at $9.43.
There have been no company-centric news that could drive the stock up. However, U.S. stocks are up on Monday on vaccine hopes.
Early this month, privately held Chinese company Haitaoche, had acquired a major stake in Kaixin.
Two months back, on September 23, the closing price of the stock was $0.45. The stock has gained more than 2000% from those levels.
52-week high for the stock is at $13.40.
Two-Year Note Auction Attracts Above Average Demand
The Treasury Department announced the results of this month’s auction of $56 billion worth of two-year notes on Monday, revealing the sale attracted above average demand.
The two-year note auction drew a high yield of 0.165 percent and a bid-to-cover ratio of 2.71.
Last month, the Treasury sold $54 billion worth of two-year notes, drawing a high yield of 0.151 percent and a bid-to-cover ratio of 2.41.
The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.
The ten previous two-year note auctions had an average bid-to-cover ratio of 2.57.
Lunch Special: Denver sports live chat with Mark Kiszla – The Denver Post
Got a question about Colorado sports? The Denver Post’s Mark Kiszla is discussing all things Denver sports in a live Lunch Special chat, scheduled to begin at noon on Monday, Nov. 23, 2020.
Mobile users, if you can’t see the live chat, tap here.
This 2.5-foot Christmas tree is a seasonal toy kids will love to decorate themselves — my daughter plays with it all through December
- I love introducing my daughter to Christmas, and this plastic Christmas tree toy is the perfect way to get her excited for the season.
- The Step2 My First Christmas Tree comes with a star topper, ornaments, and a train that can circle around the base. It's available in classic green or blue and white.
- At about 2.5 feet tall, this tree is a great toy and decoration for young toddlers.
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