Ray Dalio says ‘all Americans' should be happy with the election outcome because a peaceful power transfer is a massive ‘risk reduction' [Fortune]
1-800-FLOWERS.COM, Inc. - Class A (FLWS)
Last 1-800-flowers.com, inc. - class a earnings: 4/30 06:30 am
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Source: Fortune
That's a great risk reduction.” Stocks typically rise after U.S. presidential elections, and this year was no exception, with the Dow soaring over 900 points in the early hours Wednesday following Tuesday's closely watched election. The stock surge resulted in the top 10 richest people in the world amassing an additional $64 billion for themselves. But Dalio's worry about the markets' health was founded in the reverberations of the 2020 presidential election, which saw now president-elect Donald Trump ardently deny Joe Biden's victory. The lengthy period needed to count the votes after an influx of pandemic-necessitated mail-in ballots fueled Trump's erroneous argument that absentee and mail-in ballots were fraudulent, resulting in Trump stoking an insurrection led by his followers in the U.S. Capitol building on Jan. 6, 2021. This year's election aftermath had a markedly different tone. After Trump was declared the winner of the presidency, Vice President Kamala Harris conceded
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FLWS
Earnings
- 10/31/24 - Beat
FLWS
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- FLWS's page on the SEC website