Global-e Saw a 43% YoY Uplift in Black Friday-Cyber Monday Weekend Global E-commerce Sales
Global-E Online Ltd. - ordinary shares (GLBE)
Company Research
Source: PR Newswire
PETAH-TIKVA, Israel, Dec. 3, 2024 /PRNewswire/ -- Global-e (NASDAQ: GLBE), the platform powering global direct-to-consumer e-commerce, announced today record high sales, over Black Friday-Cyber Monday (BFCM) weekend, with a 43% increase compared to the previous year.Many markets around the world experienced a year-on-year increase in sales over the 2024 BFCM weekend, including Germany, France, United Kingdom, Canada, United States, United Arab Emirates, Japan, and Australia, reflecting the growing global nature of BFCM.Global e-commerce shopping surged through November, with sales momentum building as early as the second week of the month, mirroring the early uptick in sales observed during the equivalent period last year. Promotions ran throughout the month, culminating in a high volume of transactions over the BFCM weekend. E-commerce sales through the Global-e platforms during the promotional season, starting two weeks prior to and including BFCM weekend, grew by 45% (even stronger
Show less
Read more
Impact Snapshot
Event Time:
GLBE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLBE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLBE alerts
High impacting Global-E Online Ltd. - ordinary shares news events
Weekly update
A roundup of the hottest topics
GLBE
News
- Global-e Selected by Victoria's Secret to Enhance International E-commerce OfferingPR Newswire
- Global-e Selected by Victoria's Secret to Enhance International E-commerce OfferingPR Newswire
- Global-e Saw a 43% YoY Uplift in Black Friday-Cyber Monday Weekend Global E-commerce SalesPR Newswire
- Global-E Online Ltd. (NASDAQ: GLBE) had its price target raised by analysts at KeyCorp from $38.00 to $55.00. They now have an "overweight" rating on the stock.MarketBeat
- 1 Magnificent Growth Stock That Could Crush the Market Over the Next 10 Years [Yahoo! Finance]Yahoo! Finance
GLBE
Earnings
- 11/20/24 - Beat
GLBE
Sec Filings
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- 11/20/24 - Form 144
- GLBE's page on the SEC website