|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.74 - 9.10|
|52 Week Range||4.17 - 9.25|
|Beta (5Y Monthly)||0.61|
|PE Ratio (TTM)||0.65|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 23, 2019|
|1y Target Est||N/A|
European stocks extended a rebound on Wednesday from a steep selloff earlier this week, with investors awaiting the latest business activity data to see if the economic recovery is stalling as many countries reimpose coronavirus restrictions. The pan-European STOXX 600 rose 0.7% by 0712 GMT, with London's exporter-heavy FTSE 100 jumping 0.9% as the pound was hammered by fresh UK curbs to tackle a second wave of COVID-19 infections. With a resurgence in COVID-19 cases driving many countries to tighten curbs again, investors are wary it can hurt a fragile economic recovery in the continent.
The $1 trillion container shipping industry is in a slowdown. Many are also cutting down the number of voyages and providing short-term storage for clients as the industry, which includes heavyweights like Maersk, MSC and Hapag-Lloyd, faces its biggest downturn since the 2008 financial crisis. Civil unrest in the United States has compounded their problems by further clouding the prospect for a recovery in the world's biggest retail sales market.
On Thursday, Cowen provided investors an update on athletics brands and retailers. The firm has an outperform rating on Lululemon, Nike, and Adidas, and is more neutral on peers VFC, Puma and Under Armour. For Lululemon specifically, the firm found that Google search trends are showing the biggest acceleration in history. The Final Round panel discusses the state of "athleisure" amid coronavirus.