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Not all stocks were equally affected by the Covid-19 pandemic, and not all managed to recover equally. These differences can prove to be vital factors.<br>
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2 Stocks Charting Different Courses Post-Pandemic Not all stocks were equally affected by the Covid-19 pandemic, and not all managed to recover equally. These differences can prove to be vital factors. www.tradezero.co +1-954-944-3885
The pandemic adversely affected most stocks and industries. But the way these companies recovered has happened in different ways, and some aren’t out of the woods yet. To help you in trading stocks online, here’s a look at how 2 stocks managed - one from the cybersecurity industry and the other from the life insurance segment. Okta ($OKTA) This cybersecurity stock had a great 2020: ●Total revenue in the region of $770 million to $780 million ●Year-over-year growth of 31% to 33% ●Non-GAAP operating loss in the region of $65 million to $57 million ●For Q1 2021, its revenue was $182.9 million, a year-over-year growth of 46%. ●For Q2 2021, Okta’s total revenue was $200.4 million, a 43% growth from Q2 2020. Prudential Financial ($PRU) ●The whole of 2020 saw Prudential Financial sustain net loss worth $374 million. ●For the whole of 2019 the company had earned net income worth $4.186 billion. ●For Q4 2020 the company’s net income was reported at $819 million. ●This was less than the $1.128 billion worth net income reported for Q4 2019. ●For Q1 2021, Prudential Financial earned net income of $2.828 billion, compared to net loss worth $271 million for Q1 2020. As you can see, it’s been a different story for these stocks from different industries. These differences in the rate of improvement following the Covid-19 pandemic of 2020 are inevitable, but they’re worth remembering for direct access trading so you make the most appropriate decisions based on your requirements. www.tradezero.co +1-954-944-3885