ELA has been in the news 450% more than usual
Sep 19, 2024, 6:31 PM
-2.91%
What does ELA do
Envela, headquartered in Irving, Texas, employs 288 people and specializes in buying and selling jewelry, precious metals, and collectibles through its Commercial and Consumer segments. The company offers custom asset-disposition solutions and lifecycle programs for various clients.
ELA has been in the news recently: From March 2022 to July 2023, the Federal Reserve increased interest rates 11 times, but the S&P 500 still rose by 30%, with companies like Alphabet gaining from anticipated rate cuts. Additionally, Entergy contributed $3 million to its "Beat the Heat" program, aiding over 3 million low-income households with energy bills and efficiency resources during the summer.
📡️ Consumer Discretionary
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