September 3, 2020

On Thursday, markets had their first significantly down day in quite some time. The S&P 500 fell 3.5% and Toronto was down 1.5%.

Accordingly, most stocks were down on the day. Some of the biggest declines among the stocks on my list were:

Apple- down 8.0%
Shopify – down 5.1%
Amazon – down 4.6%
lululemon – down 5.1%

There were no stocks on my list that rose any noteworthy amount.

My next update will be for the Boston Pizza Royalty units. The unit value depends on the extent to which BP restaurant sales can be expected to return toward prior levels and how long they will remain depressed. Also how many BP restaurants will simply close.  It would be difficult to estimate those numbers.

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