As I put it in late August, Palantir Technologies (NYSE:PLTR) stock seemed to be a situation where it would continue to stay strong performance-wise, that is, until markets get volatile. Now? Said volatility has started to play out. Shares in this hot big data play have slid back in price. With this, what’s next for PLTR
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The Walt Disney Company (NYSE:DIS) used to pay a consistent dividend and also buy back its own shares. However, for the past year and a half, since the end of 2019, it stopped returning capital to its shareholders. It’s now clear that DIS stock has not done very well as a result of this decision.
Globalstar (NYSEAMERICAN:GSAT) has been on a roller coaster ride so far in 2021. GSAT stock, a satellite communications and internet-of-things (IoT) play, zoomed from 34 cents to just over $2.50 per share during February’s “meme stock” mania. Source: NicoElNino / Shutterstock.com Then, in the spring — as this trend cooled — shares dipped back to around
Believe it or not, the hottest hypergrowth industry in the world right now is one that not many folks on Wall Street are chatting about, and that’s the Buy Now, Pay Later market. Source: Shutterstock Buy Now, Pay Later – or BNPL – is a relatively new type of digital fintech product that allows folks
Joby Aviation (NASDAQ:JOBY) stock is down 31% since emerging from a SPAC deal with Reinvent Technology Partners on Aug. 11. That makes sense, because Joby is a “pre-revenue” company. Investors have nothing to judge JOBY stock by except plans, sponsors and a prototype. Source: T. Schneider / Shutterstock.com The company intends to deliver an electric
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navellier’s pick for the contest is Fiverr International (NYSE:FVRR) stock. FVRR stock has been struggling of late, but the core reason is somewhat ironic. It’s because the pandemic is fading. Source: by InvestorPlace The U.S. added just 194,000 jobs in September, while the lowest
Investors in Nashville-based SmileDirectClub (NASDAQ:SDC) entered the fourth quarter with a highly volatile stock in their portfolios that has lost over half of its value so far this year. The 52-week range for SDC stock has been $4.63 – $16.08, and the shares are now hovering around $6.50. Source: Helen89 / Shutterstock.com SmileDirectClub stock has
Bionano Genomics (NASDAQ:BNGO) has turned into a bear of a meme play. But is there a chance for bullish DNA to be reproduced in BNGO stock? Source: Natali_ Mis/ShutterStock.com Let’s check in with what’s happening off and on the price chart of BNGO stock, then offer a risk-adjusted determination aligned with those findings. At a singular
A few months ago, I expressed some concerns about Lordstown Motors (NASDAQ:RIDE) stock and suffice to say, it was not well received. Source: Postmodern Studio / Shutterstock.com I could understand why. Even though the criticisms I received regarding my take on RIDE stock did not involve this admission, the reality is that no one likes
Greenidge Generation Holdings Inc. (NASDAQ:GREE) recently went public via a reverse merger on Sept. 15. Ever since then, GREE stock has lost more than 50% of its price. It currently trades around $25. Source: Shutterstock The reverse merger gave shareholders 115 shares of GREE stock for every 1,000 shares of Support.com stock they held. On
On any given day, InvestorPlace could have several articles on the same stock but with quite different outlooks. So it is with the suggestion, from early September, from Faizan Farooque that ContextLogic (NASDAQ:WISH) has all the makings of a multi-bagger. He believes investors should buy WISH stock on the dips. Source: sdx15 / Shutterstock.com Divergent opinions
A very popular term in business is disruption, or causing a radical change through innovation. Hippo Holdings (NYSE:HIPO) is a digital homeowners insurance provider that went public in August. Potential HIPO stock investors wonder if this insurance provider will disrupt the insurance market. Source: TDKvisuals / Shutterstock.com It seems to me that HIPO stock lacks
There are many reasons to believe the share price of QuantumScape (NYSE:QS) stock should rise. After all, the company is developing solid-state lithium EV batteries for future commercialization. Yet, QS stock is down almost 73% year-to-date. What’s with the disconnect? Source: Michael Vi / Shutterstock.com Such batteries promise a quantum leap over current dominant lithium-ion
Recently, Novavax (NASDAQ:NVAX) fell fast. Closing at $207.31 per share on Sept. 30, the vaccine play opened at around $190 on Oct. 1. After that, NVAX stock quickly went into free fall, dropping as low as $154 per share. Source: Ascannio/Shutterstock.com The reason? Breaking news of Merck’s (NYSE:MRK) antiviral Covid-19 pill. Interim results suggest it
Have you been keeping an eye on the developments in the genetic editing space? We have. Source: Shutterstock And recently, CRISPR gene editing pioneer Feng Zhang achieved a breakthrough in CRISPR therapy cell-delivery. Instead of using the “default” Cas9 enzyme, Zhang used a sub-family of the Cas13 enzyme. One that’s just tiny enough to fit
After rising over $100 briefly this year, Cassava Sciences (NASDAQ:SAVA) stock is struggling to rebound. A long document written by the lawyer of a short-seller sent SAVA stock lower. The document challenged the accuracy of some of Cassava’s clinical results Source: Atthapon Raksthaput / Shutterstock.com Cassava has two major clinical studies underway. The top-line data
Shares in Greenidge Generation (NASDAQ:GREE) popped by 6.81% on Wednesday. That’s good news for investors, after GREE stock spent most of the past three weeks in a skid. In fact, GREE made it into Wednesday’s list of biggest pre-market stock movers. Before it began to lose steam, GREE stock gained as much as 17%. What was
It seems to me that Pinterest (NYSE:PINS) has been lumped in with all the other stocks that benefited greatly from Covid-19. This includes Zoom Video Communications (NASDAQ:ZM) and Peloton Interactive (NASDAQ:PTON). Down more than 24% year-to-date through Sep. 29, it’s easy to see that PINS stock is struggling to find its way. Source: Nopparat Khokthong
As September came to a close, the benchmark S&P 500 index was just a few ticks shy of returning 15% since the start of the year. That’s a very solid performance considering the prior year’s remarkable upside response to the novel coronavirus pandemic. At the same time, investors should be concerned about the specter of
After breaking out of major resistance in August, Palantir (NYSE:PLTR) stock is on the way to topping its 52-week high. The Reddit favorite is attracting buyers after a recent deal with Wejo, a global leader in connected vehicle data. Source: Ascannio / Shutterstock.com Palantir’s alliance with Wejo is important, even though the deal will have