Top/bottom line appears to be rolling over after enjoying stay-at-home demand during Covid. I think the recent increase in short interest is telling. This would be my preference.
Boomeranged on Tue, 1 Aug 2023 02:51
Wow - SharkNinja (SN US)'s market cap on its first day of trading is ~US$4.2bn - a punchy 23x trailing PER - well above the expected value of US$2.5bn. When JS Global (1691 HK) went ex the distribution rights on the 30 June, its market cap shed US$3.1bn. Shareholders who held JS Global shares on July 4 will receive one SharkNinja share for every 25 shares of JS Global held.