|Bid||0.00 x 1000|
|Ask||43.99 x 1800|
|Day's range||43.19 - 43.73|
|52-week range||31.05 - 46.70|
|Beta (5Y monthly)||0.15|
|PE ratio (TTM)||42.83|
|Earnings date||13 Feb 2023 - 17 Feb 2023|
|Forward dividend & yield||0.36 (0.82%)|
|Ex-dividend date||20 Dec 2022|
|1y target est||N/A|
It does have some customer concentration risk in that Walmart accounts for almost 23% of total sales and Dollar Tree represents 13%, though there's no indication either of those relationships is in any danger. Arguably the biggest risk investors face with Tootsie Roll is that the Gordon family, which has run the company for decades, holds a controlling interest in it. Matriarch Ellen Gordon is CEO, and the family's majority voting stake means they will essentially decide which way the candy maker goes.
All three major market indexes are now in bear market territory as the impact of rampant inflation, rapidly rising interest rates, supply chain congestion, and the still-lingering impact of the pandemic take their toll. As devastating and painful as these corrections are, there remains a ray of hope and light behind the clouds because just as day follows night, bull markets always rise in their wake. While the tech-heavy Nasdaq Composite has been in a bear market almost from the beginning of the year, the S&P 500 and the Dow Jones Industrial Average only recently entered one, so there might be more room to fall.
Yahoo Finance Live’s Brian Cheung breaks down how meme stocks are performing on Tuesday.