Sailor stock jumped and hit daily price limit today because of news that it will supply fountain pen gifts for the G7 summit next weekend. Next meme stock?
Pilot and Sailor both reported earnings today. Pilot's sales and net income are both up 10% YOY and gross margin is over 50%. Sailor's sales are down, gross margin is about 30%, and the company is bleeding again.
@shubh1 Thanks. I'm not as familiar with those brands so it's hard to say, but some of the pen turners are going interesting work with various materials.
Is Pilot pulling a Kurutoga Dive with the new Frixion? The wooden and acrylic grip models sold out in an instant, and no one knows if/when they'll be back.