InvestorsHub Logo
Followers 7
Posts 420
Boards Moderated 0
Alias Born 11/16/2005

Re: None

Saturday, 08/01/2020 5:01:32 PM

Saturday, August 01, 2020 5:01:32 PM

Post# of 43522
I believe when they filed for bankruptcy they thought Corona was their death knell and to save the iconic brand from oblivion they made a bold move even though their balance sheet wasnt as bad as some other companies that filed like gm or Hertz. Since then they've shed costs, sold off underperforming parts, and streamlined. Most surprisingly, their online biz gained traction and the stores also since the world began to re open. They increased their cash and made a lot of money in n the last quarter.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.