|Bid||0.0000 x 4000|
|Ask||0.0000 x 4000|
|Day's Range||2.0900 - 2.1800|
|52 Week Range||0.2600 - 7.3700|
|Beta (5Y Monthly)||3.16|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of Party City (NYSE: PRTY) had a party today, up 12% as of 1:45 p.m. EDT, after the company announced that it plans to hire approximately 20,000 temporary workers for the Halloween season. Halloween is the most important time of year for Party City. The retailer said it expects to keep on 10% of those workers after the Halloween season is over.
Party City Holdco Inc. said Tuesday it plan to hire ab out 20,000 temporary employees for the Halloween season, which is down from 25,000 seasonal hires announced a year ago. The party goods retailer said it expects to open approximately 25 Halloween City pop-up stores for the season, which compares with last year's plan to open up 275 pop-up stores. The company said it expects to retain 10% of temporary seasonal hires after the Halloween season. The stock, which gained 0.7% in premarket trading, has rallied 29.9% year to date through Monday, while the S&P 500 has gained 1.6%.
It may be difficult to scare up sales this year as competition and coronavirus weigh on the holiday.