Streetbeat News

EXTO

Almacenes Éxito S.A.

https://www.grupoexito.com.co

Industry

Department Stores

Almacenes Éxito S.A. operates as a retail commerce company in South America. It operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce. In addition, the company engages in the credit facilities, insurance, money transfers and remittances, mobile phone services, trade tourist package trips and tickets, repair and maintain furnishings, paperwork, and energy trade; and acquisition and building commercial premises for establishing stores, malls, or other locations, as well as investing in property, promoting and developing various kinds of real estate projects. The company was founded in 1905 and is headquartered in Envigado, Colombia.

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The article lists four overbought stocks in the consumer staples sector that may crash this quarter. These include FitLife Brands, Almacenes Éxito, Blue Apron Holdings, and Hostess Brands. FitLife Brands recently acquired MusclePharm's assets, Almacenes Éxito's stock jumped over 25% in the past month, Blue Apron is set to be acquired by Wonder Group, and Hostess Brands is being acquired by J. M. Smucker.

Portfolio Pulse from Lisa Levin

November 01, 2023 | 11:28 am

Blue Apron Holdings, Inc. (APRN) and Almacenes Éxito S.A. (EXTO) are considered overbought stocks in the consumer staples sector, with RSI values of 76.88 and 72.67 respectively. Blue Apron is set to be acquired by Wonder Group for $13 per share, while Almacenes Éxito's stock has jumped more than 25% over the past month.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 11:54 am

The article reports on the significant stock movements in Monday's mid-day session. Notable gainers include MingZhu Logistics Holdings Limited, PCTEL, Inc., and Almacenes Éxito S.A., while Streamline Health Solutions, Inc., Aldeyra Therapeutics, Inc., and Biocept, Inc. were among the biggest losers. The article also mentions several other companies whose stocks experienced significant changes.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 5:09 pm

Several US stocks recorded significant gains on Monday, with PCTEL, Inc. (NASDAQ:PCTI) leading the pack with a 47.3% increase following its acquisition by Amphenol Corporation (NYSE:APH). Other notable gainers include Almacenes Éxito S.A. (NYSE:EXTO), E2open Parent Holdings, Inc. (NYSE:ETWO), Prothena Corporation plc (NASDAQ:PRTA), and Alignment Healthcare, Inc. (NASDAQ:ALHC), which saw its stock upgraded by Raymond James. Lululemon Athletica Inc. (NASDAQ:LULU) also climbed 9.8% after it was announced the stock will join the S&P 500.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 4:08 pm

Several stocks are experiencing significant pre-market movements. LQR House Inc. shares surged 109% after delivering an inaugural order to Costco. Processa Pharmaceuticals, Inc. shares rose 84.4% following a 45% jump on Friday. PCTEL, Inc. shares climbed 47.4% after Amphenol Corp agreed to acquire PCTEL for around $139.7 million. ContraFect Corporation shares jumped 30% after the company reported FDA clearance of CF-370 IND application to proceed with Phase 1 clinical study. On the downside, BioNTech SE fell 6% after Pfizer, its partner, cut its COVID-19 vaccine and therapy sales outlook.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 12:47 pm

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