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Day: November 25, 2020

VIPS stock
Stock Investing

Paylocity (PCTY) Stock Up 60% This Year, Adding More Remote Jobs Portfolio

The software company Paylocity Holding Corporation (PCTY), which provides cloud based HR and payroll solutions, has acquired another tool related to the field of remote working. The move came as Paylocity expects the growth of this field to continue even after the end of the coronavirus pandemic. Business namely Samepage, which owns tools for remote collaboration such as real-time file and document sharing, was acquired by Paylocity. This acquisition would extend the portfolio of Paylocity, which includes a suite of human resource management tools, HR support, and initiatives that include coordination by a geographically dispersed team. Solutions purchased will be
Trading Signals

Yunji Inc. (YJ) Rallies on Agreement Deal with Douyin

The Chinese e-commerce network is on a roll following a new collaboration deal that will leverage Yunji’s online store and video account on Douyin. Shares of Yunji Inc. Skyrocketed on Tuesday as the stock soared above 100%. The Chinese leading social e-commerce platform is set to announce its third-quarter 2020 results on Nov. 26, 2020. On Nov. 25, the company announced that it has signed a cooperative framework agreement with Douyin. Yunji has collaborated with the leading Chinese live-streaming network that is owned by Bytedance. The investors are expecting a good response from the company as the online audience has

PNC Stock
Market Activity

Chico’s FAS (CHS), Hormel Foods (HRL), Moderna (MRNA), Analog Devices (ADI) Stocks Lost Amid Surge In Stock Markets

Chico’s FAS Inc. (CHS) declined by -10 percent on Tuesday. The apparel retailer posted solid third quarter sales growth of 14.8 percent compared to the previous quarter, and an expanding gross margin of 740 basis points. The year-on-year digital growth was 67 percent. Best Buy Co. Inc (BBY) dropped -6.96 percent on Tuesday as the largest US retailer of consumer electronics posted adjusted earnings per share of $2.06 in the third quarter compared to a consensus of $1.73. Quarterly sales totaled $11.85 billion, compared to a forecast of $11 billion. Like-for-like growth was 23%. Online domestic like-for-like sales jumped 174%.

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