Spinnerette: 05.21.24
-2.84 and +2.84 CHG x 1 company each
ADBE + PRI
BEAR DIP ~ BE A DRIP ~ BID PARE ~ BE RAPID
The Stock Market BEAR represents the downward trend of the Stock Market. According to Investopdedia, Bear markets are defined as sustained periods of downward trending stock prices. Often BEAR markets are accompanied by an economic recession and high unemployment - when stocks fall at least 20% off their high. In stock market terms a DIP signifies a phrase used when purchasing a stock once it has fallen in value.
A DRIP is a slow falling drop.
BIDding PARE expresses a reduction in size - to decrease.
BE RAPID signals a quick response.
Hence, one could conclude that one might tread cautiously during this period in the Stock Market. By happenstance, Today’s Spinnerette.Anagram from May 21, 2024 was an early response to the August 5th, 2024 Stock Market Drop of 1,033.99 pts. The drop was attributed to weak U.S. economic data. Currently, the Stock Market is in an upward climb once again.
As one could sense, I enjoy playing with Stock Market Terminology. But do keep in mind, I DO NOT make Stock Market Predictions. It was just a coincidence that the Stock Market suffered a large DIP/DRIP - DROP before I had an opportunity to write my Blog for the 05.21.24 Spinnerette.Anagram.
Basically, I am fascinated with creating Visual Vignettes from the Ticker Symbols Match-Up that blossom into Words, Phrases, Figures of Speech and Sentences producing the Knowledge of the Powerful, and of course the MONEY that Advances Our World!
The companies that created Today’s Spinnerette.Anagram are:
ADBE is Adobe Inc. formerly Adobe Systems. An American computer software company that trades on the NASDAQ. The company was founded by John Warnock and Charles Geschke in 1982. The Industry is acknowledged as Software. The company is Worldwide and is headquartered in San Jose, CA.
Revenue is over US$19 BILLION and employs close to 30,000.
Traded Today @ $481.85
PRI is Primerica, Inc. trading on the NYSE. The company is recognized as a Financial Service / Multi-level Marketing Industry that provides insurance, investment and financial services. Primerica was founded in 1977 and is headquartered in Duluth, GA.
Revenue is over US$2.5 BILLION and employs approx. 2,800 (full-time) and over 550 (on-call & part-time)
Traded Today @ $230.95
Company/Corporation Information is From Google Wikipedia and Britannica