Fidget Spinners Made This Stock go crazy!
Ok first Disclaimer, I hate these things I just Found this pretty funny. Fidget Spinners Have been the craze for the past 2 months and they will most likely be here for a few more months till the trend dies off.
Five Below is an American company that sells toys,gadgets,etc under $5 their target demographic is Teens & Preteens. The story begins in the October of 2002 it was founded by David Schlessinger. The first Five Below location was opened at the Gateway Shopping Center in Wayne, Pennsylvania on October 4, 2002 as of this month it has over 550 stores in 32 states. They have 32 million dollars in Net income out of a total of 535 million dollars in sales.
When they started to make the beloved Fidget Spinners their stock went from $38 to $52.21 in the past 2 months but what's more impressive is the total of 29% increase for this year alone,with a new target price of $62. Hopefully they reach their goal and Thanks for reading steemit community Remember To UPVOTE and Follow
Were this a crypto project, it would probably be evaluated at 100 billion and have recently risen by about 100,000%
In the regular market...eh... 29% growth.
I don't personally like the stock exchange, Crypto for Life
Amen
=]
Good for them !
It is all the time in life. If you cach a wave, you on top !
Will look for a new topics...
Folowed.
=]