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Election Day

Voters head to the polls, Paypal fails to excite investors, Nio is on another level

The Bamboo Team
Nov 3, 2020 • 1 min read

Election Day

As voters head to the polls, some investors hope Donald Trump comes out victorious while others are hoping for a defeat. To help you make the best decisions, here are some stocks to look out for in a continued Trump administration and some stocks to look out for in the event of a Biden presidency. And if you don’t want to choose, these stocks may do well no matter which sides the pendulum swings.

PayPal fails to impress investors

PayPal’s revenue rose about 25% to $5.46 billion, beating analysts’ estimate of $5.43 billion. These earnings were still not enough to impress investors as the shares of the digital payments company fell more than 6% in the extended trading session. Click here to read more 

Nio on fire sets new monthly record

NIO (NYSE: NIO) is up 12% after doubling electric car deliveries. NIO delivered a record 5,055 vehicles in October, a 100% year-over-year increase. Investors are pleased with the Tesla rival as the company’s American depository shares are up around 740%. Click here to read more

 

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The Bamboo Team
The Bamboo Team
Nov 3, 2020 • 1 min read

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