Kai Risdal
๐ค SpeakerAppearances Over Time
Podcast Appearances
The Nasdaq went the other way, down 1.6%.
S&P 500 dipped 0.6%.
Mitchell was talking about some of the market ties this week.
One of the top performers...
Carvana, the online used car company, has been rallying all week as it gets ready to join the S&P 500 on December 22nd.
It is now worth more than GM and Ford.
Go figure that one out.
Carvana did pull back a bit today, though.
Decelerated 3.6%.
Lululemon performed well after a strong earnings call yesterday and an announcement that its CEO was stepping down in January.
The athleisure company has been underperforming.
Perhaps the era of leggings and yoga pants is coming to a close?
Don't know.
Ticker symbol LULU stretched up 9.6%.
Today you're listening to Marketplace.
This is Marketplace.
I'm Kai Risdahl.
Here's the thing about running a small business, any kind of business really, but retail in particular.
You can advertise and market yourself and hustle all you can, but customers gotta wanna buy what you've got.
Philip Rollins runs the comic and record store Offbeat in Jackson, Mississippi.