Hit me with the "high" puns... Aurora Cannabis stock soared 70% after the Canadian pot producer reported higher-than-expected quarterly sales — it was Aurora's biggest daily gain (ever). Aurora really needed a good hit, especially after its stock nearly crashed over '18 and '19. After losing almost $1B in the previous quarter, Aurora cut costs and was able to beat its comedown — sales jumped 18% compared to last quarter.
Make Lululemonade... Despite its 400+ closed stores, Lululemon found zen in the corona-conomy — 33% of its sales were happening online before lockdowns, so going 100% ecommerce didn't make it break a sweat: online sales tripled compared to April 2019. Lulu's products happen to be season-less and stay-at-home versatile (we call it Work-leasure). Under Armour and Nike stocks are both deeply down this year — Lulu is up almost 6%.