Back to top
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
2019 Cyber Monday Sales Breaks Record
Cyber Monday is the final day of the Thanksgiving shopping extravaganza and this year, shoppers racked up a whopping $9.2 billion in online sales. According to figures from Adobe Analytics, people were spending $11 million a minute. Samsung TVs, Apple’s (AAPL - Free Report) AirPods, Air Fryers, and Frozen 2 toys were some of the top items sold.
Consumers were also buying up smartphones on Monday, with sales breaking the $3 billion mark; smartphone purchases also accounted for one-third of all sales.
So far, $72 billion has been spent online since the start of November. As for Black Friday, sales touched $7.4 billion while consumers spent a record $4.2 billion on Thanksgiving Day.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.
See 7 handpicked stocks now >>