Stock Market

What’s the first thing that comes to mind when you hear the word “metaverse”? If it’s an immersive virtual reality world that looks like something out of the science fiction movie Ready Player One, then you’re not alone. That’s pretty much what everyone thinks of when they think of the metaverse. Source: Kathy Hutchins /

It’s hard to say that Tilray (NASDAQ:TLRY) has had a tough year. Right now, TLRY stock is up 32% year-to-date (YTD) and 53% for the past 12 months. However, in this market, long-term memory isn’t cool. The shares are down almost 18% for the past three months. That’s what gets eyeballs when it comes to

Forever starts now: that’s the credo of Rivian Automotive (NASDAQ:RIVN). Now that the company has completed its initial public offering (IPO), RIVN stock is available for public trading and you can try out the shares of this ambitious electric vehicle (EV) start-up. Source: James Yarbrough / Shutterstock.com Rivian specializes in big vehicles, especially trucks and SUVs.

Pinterest (NYSE:PINS) is a social media company, or as Yahoo Finance states, “[a] visual discovery engine in the United States and internationally” that helps you get inspired by finding content about the latest recipes, style, home inspiration, DIY tips, and more. In an era where the pandemic is still present, getting inspiration and being in a

In a record blitz of initial public offerings (IPO) like Progenity (NASDAQ:PROG), you’re going to encounter two incontrovertible facts. First, retail investors will have increased opportunities to put their money to work (or at risk). Second, not every one of these recent IPOs will enjoy outsized success. From the looks of it, PROG stock is heading

Before I begin today’s Market360, I’d like to sincerely thank the thousands of investors who took the time to attend my Breakthrough Stocks event yesterday afternoon. I hope those of you who took part are already putting my Breakthrough Stocks system to good use in targeting the best buys of 2021. If you weren’t able

In pre-market trading on Friday, cannabis grower Sundial Growers (NASDAQ:SNDL) saw a 33% gain in its share price. Investors who witnessed the move in SNDL stock could have concluded the company had just delivered explosive third-quarter earnings results. Source: Postmodern Studio / Shutterstock.com However, a subsequent cool-off to a 13% gain midway through Friday’s session

Shares of all-electric pickup truck maker Rivian Automotive (NASDAQ:RIVN) continue to soar on the heels of a spectacular first week. After pricing at $78, RIVN stock now trades at $172 per share — a spectacular 120% gain. Sporting a $152 billion market capitalization, Rivian is the biggest initial public offering (IPO) of the year. It’s also

After months of trading sideways, EV battery maker Quantumscape (NYSE:QS) has seen a big jolt in its share price. Thanks to the passage of the U.S. infrastructure bill, and progress with setting up its manufacturing operations, QS stock is up over 71% in the past month. Source: Michael Vi/Shutterstock.com As this latest run-up wraps up,

Shares of online mobile multiplayer video game competition platform Skillz (NYSE:SKLZ) stock are finally recovering, gaining 54% in the last month. After an excellent debut, the stock struggled and lost a lot of steam. But if it pulls back a little more, this looks like an excellent video game stock for your portfolio Source: NYCStock

Progenity (NASDAQ:PROG) is a biotech firm focused on treatments and testing products for a variety of diseases. Historically, PROG stock has been a disappointment. Since its initial public offering (IPO) in 2020, shares dropped from $13 to a low of under $1 per share. Recently, however, Progenity enjoyed a big short squeeze that brought shares

What was once a blip on the radar that many analysts viewed as a passing fad became one of the most consequential developments on Wall Street. I speak of course of the phenomenon that is meme stocks, loosely defined as publicly traded securities that have an incredible following on various social media platforms. But while

Just a year ago, Gamestop (NYSE:GME) was widely considered nothing more than an old-school, brick-and-mortar video-game retailer. As a result, there was not much interest in GME stock. Yet there was a groundswell of support for Gamestop which was growing quietly, on an Internet forum known as Reddit. A sub-forum on that site, r/WallStreetBets, was preparing

With cryptocurrencies posting blistering performances recently, those on the sidelines are increasingly tempted to jump in. At the same time, direct exposure to individual blockchain coins and tokens has its own set of risks outside of market volatility. For an alternative, many have turned to crypto miners like Stronghold Digital Mining (NASDAQ:SDIG) stock. Source: Mark

It was recently announced that Swedish electric car maker Polestar Performance AB will be going public via a merger with special purpose acquisition company Gores Guggenheim (NASDAQ:GGPI). The new company will be renamed Polestar Automotive Holding UK and is to be listed on Nasdaq under the ticker symbol “PSNY”. Right now, GGPI stock is pretty

Earlier this year, trading shares of New York-based virtual content provider fuboTV (NYSE:FUBO) was a risky proposition. The price action of FUBO stock was like a roller-coaster ride, and not ideal for cautious investors. Source: Lori Butcher/ShutterStock.com However, moving into the last two months of 2021, the situation seemed much calmer … until the pain from

First, there was the meme token known as Dogecoin (CCC:DOGE-USD). Then came Shiba Inu (CCC:SHIB-USD), which actually managed to overtake Dogecoin in popularity. Yet, there’s a third canine-themed coin, Floki Inu (CCC:FLOKI-USD), and I don’t recommend dismissing Floki Inu as an also-ran. Source: Wit Olszewski I’ll admit that as an old-school, fundamentals-focused investor, I had difficulty taking any

On Oct. 13, GitLab (NASDAQ:GTLB) had a successful IPO, with the stock priced at $77 per share. Now almost a month later, GTLB stock is now at $121.27. So, virtually everyone who bought in around the time of the IPO has made money. Source: Lori Butcher / Shutterstock.com The problem is there is no more

This is certainly one of the most intriguing markets we’ve seen in some time. Growth stocks are flying, as are valuations. Investors appear to be taking the “TINA” (there is no alternative) trade to the next level. Accordingly, this risk-on sentiment has bled into some of the more speculative short-squeeze stocks in the market. Indeed,

Gores Guggenheim (NASDAQ:GGPI) is the latest SPAC (Special Purpose Acquisition Company) stock to start revving its carbon-free engine. The blank check company completed its initial public offering (IPO) in March and announced its reverse merger with Electric Vehicle (EV) maker Polestar in September. GGPI shares are now trading at a roughly 7% premium to trust