Party City Holdco Inc
(PRTY) is trading 19% higher at $1.88 today. The stock is surging today as it vastly outperforms peers on an upbeat day for the consumer discretionary sector. The stock has been trading near the bottom of it's 52 week trading range, but traders apparently are starting to think the embattled party supply company is now a bargain.
The company reported mixed earnings on Aug 8, but traders remained bullish then as well. Maybe now is the time to enter the PRTY?
Party City Holdco Inc has been trading between a 52-week high of $9.21 and a 52-week low of $1.04. The stock has a market cap of $199 Million.
Party City Holdco Inc. is the leading party goods company by revenue in North America and, the company believes, the largest vertically integrated supplier of decorated party goods globally by revenue. The Company is a popular one-stop shopping destination for party supplies, balloons, and costumes.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverseâ„¢:heffheff - 5 upvotes -
sourceIm sold prty time
DotCatLost - 3 upvotes -
sourcelets fucking prty
lazymarlin - 2 upvotes -
sourceY’all sleeping on PRTY, I’ve been buying since their last earnings.
francojola - 1 upvotes -
sourcePRTY
francojola - 1 upvotes -
sourcewithout loosing focous BBBY keep an eye on PRTY
Ok-Tangelo1515 - 1 upvotes -
sourcePRTY to the moon!!!
LosingMoney112 - 1 upvotes -
sourceI just bought 120 shares @ 1.60. Ill buy more if I see PRTY progressing
Ok-Tangelo1515 - 0 upvotes -
sourcePRTY!!!
LTVOLT - 0 upvotes -
sourcecan anyone offer advice on **PRTY (Party City Holdings)?** Is this a good investment at this price point? seems like $1.50 a share is a bargain considering that's down from a 52 week high of $9.21 per share. Thoughts????
Electrical-Nebula141 - -1 upvotes -
sourceI just wana PRTY like an APE at BBBY