Bumbershoot Holdings: “CTHR Soared to Start 2021, I Believe the Best is Yet to Come”
Bumbershoot Holdings LP, an investment management firm, published its fourth quarter 2020 investor letter – a copy of which can be downloaded here. Bumbershoot Holdings L.P. generated a negative gross return of -6.61% for the full-year 2020, while its S&P 500 benchmark delivered a 16.26% return in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Bumbershoot Holdings LP, in their Q4 2020 investor letter, mentioned Charles & Colvard, Ltd. (NASDAQ: CTHR) and shared their insights on the company. Charles & Colvard, Ltd. is a Morrisville, North Carolina-based jewelry company that currently has a $93.4 million market capitalization. Since the beginning of the year, CTHR delivered a 160.16% return, impressively extending its 12-month gains to 380.99%. As of April 07, 2021, the stock closed at $3.20 per share.
Charles & Colvard Expands its Digital Footprint with Launch of Moissanite Outlet
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Charles & Colvard Expands its Digital Footprint with Launch of Moissanite Outlet
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Charles & Colvard Reports Second Quarter Fiscal Year 2021 Financial Results
- Highest Quarterly Revenue and Income from Operations in Company s 25 Year History
- Revenue Growth of 14% Driven by 25% Increase in Online Channels
- Gross Margin Performance of 49%
- EPS Growth of 200% to $0.09 per Share from Year-Ago Quarter
- Conference Call with Accompanying Slide Presentation Scheduled Today at 4:30 PM ET
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RESEARCH TRIANGLE PARK, N.C., Feb. 4, 2021 /PRNewswire/ Charles & Colvard, Ltd. (Nasdaq: CTHR) (the Company ), a globally recognized lab created gemstone company specializing in fine jewelry, reported financial results for the quarter ended December 31, 2020 ( Second Quarter Fiscal Year 2021 ), with net sales of $12.1 million and net income of $2.5 million, or $0.09 earnings per diluted share.