Online Sales Products Platform Mohawk Group Holdings Inc. (NASDAQ: MWK) Sees Outlook Rise as Result of Pandemic Trends
The COVID-19 pandemic is a year old, having devastated a number of markets since its discovery and spread were first reported in China While many industries have suffered worldwide during the year, the distancing requirements instituted in response to the pandemic have led buyers to turn to online retail outlets for many products Consumer products marketer Mohawk Group Holdings has been ideally situated to take advantage of the 44 percent growth in online commerce spending during 2020 and beyond Mohawk’s stock took an initial beating with the outbreak of the pandemic, but has since rebounded and rose more than 400…