Bullboard - Stock Discussion Forum Aritzia Inc T.ATZ

Alternate Symbol(s): ATZAF

Aritzia Inc. is a Canada-based vertically integrated design house. The Company is the creator and purveyor of Everyday Luxury, home to a portfolio of brands for every function and individual aesthetic. The Company provides personal shopping experiences at aritzia.com and in its 115+ boutiques throughout North America. The Company’s product categories include activewear, blazers and suiting... see more

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Aritzia Inc > Tesla today

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Post by Duster340 on Jan 13, 2023 11:18am

Tesla today

announced price cuts on the model 3 and Y to boost slugish sales. the stock is taking a beating. just a matter of time before aritzia has to do the same to sell down there inventory. sales may not be slugish yet for them but it will be soon. and when competitors start slashing prices the will have to do the same. we are starting to get into a deflationary time, if companies want to sell products prices will have to be slashed. look for aritzia stock prices to go lower in the coming weeks.
(free advice glta)

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Comment by flamingogold on Jan 13, 2023 12:02pm

Defaltion is what the FED wants. That is actually a good thing. Some sectors will suffer, but as a whole, the market will celebrate a FED pause. Tesla is still the EV leader but the competition is licking at its heals. ATZ, on the other hand, still reigns among its peers. I would be worried if I had bought at $60 when the experts were calling for higher. But, $45 is a better entry, where I dipped ...more

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Aritzia Inc