00:00 It's Benzinga and here's what's on the block.
00:02 Long lines have formed outside stores overnight and fights have broken out as people rush to
00:06 purchase limited-edition Stanley insulated tumblers sold at Target and Starbucks,
00:10 which then resell for much higher prices online. The most sought-after styles are the pink Starbucks
00:15 Collaboration Cups and the Target Galentine Collection Cups released in December, which now
00:19 sell for up to $400 on eBay. A viral video of a woman's car fire being put out by her Stanley cup
00:24 that stayed cold increased interest in the brand. Factors fueling the demand include limited
00:29 availability, color designs, perceived status value, and promotion on social media platforms
00:34 like TikTok where the cups have over 1 billion views. For all things money visit Benzinga.com
