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Share Name | Share Symbol | Market | Type |
---|---|---|---|
LendingTree Inc | NASDAQ:TREE | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.77 | 1.56% | 50.18 | 49.00 | 52.41 | 52.76 | 49.65 | 50.00 | 238,142 | 01:00:00 |
CHARLOTTE, N.C., Dec. 1, 2020 /PRNewswire/ -- With another deadly wave of the coronavirus outbreak likely to take grip this winter, more than a third of consumers — or 86.7 million Americans — have already started stockpiling household supplies.
Many consumers remember all too well the frustrations of going from store to store in the early months of the pandemic, in an effort to find such scarce products as toilet paper and hand sanitizer. Not only are consumers taking strides to avoid a repeat of that scenario, but many are spending more money in the process, a LendingTree survey has found.
Full report: https://www.lendingtree.com/credit-cards/study/87-million-stockpiling-for-coronavirus-winter-wave/
Key findings
The uncertainty surrounding the pandemic may cause anxiety, but preparing for the unknown can give you a sense of comfort — and protect your finances. "Stockpiling is often impulse buying, and the best way to combat impulse buying is by making a budget and a spending plan," said LendingTree's Chief Credit Analyst, Matt Schulz.
To view the full report, visit: https://www.lendingtree.com/credit-cards/study/87-million-stockpiling-for-coronavirus-winter-wave/
Methodology
LendingTree commissioned Qualtrics to conduct an online survey of 1,050 Americans, with the sample base proportioned to represent the overall population. The survey was fielded Nov. 6-9, 2020.
About LendingTree
LendingTree (NASDAQ: TREE) is the nation's leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, comparing multiple offers from a nationwide network of over 500 partners in one simple search, and can choose the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student loans, insurance, credit cards and more. Through the My LendingTree platform, consumers receive free credit scores, credit monitoring and recommendations to improve credit health. My LendingTree proactively compares consumers' credit accounts against offers on our network and notifies consumers when there is an opportunity to save money. In short, LendingTree's purpose is to help simplify financial decisions for life's meaningful moments through choice, education and support. LendingTree, LLC is a subsidiary of LendingTree, Inc. For more information, go to www.lendingtree.com, dial 800-555-TREE, like our Facebook page and/or follow us on Twitter @LendingTree
MEDIA CONTACT:
Morgan Lanier
morgan@lendingtreenews.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/nearly-87-million-americans-already-stockpiling-for-potential-coronavirus-winter-wave-301182893.html
SOURCE LendingTree.com
Copyright 2020 PR Newswire
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