Shares of up-and-coming electric vehicle (EV) startup Rivian (NASDAQ:RIVN) surged following its initial public offering (IPO) late last year. In fact, RIVN stock skyrocketed more than 100% from its IPO price of $78. However, the stock is down over 40% in the past three months. Now, investors are skeptical about the stock and its ability
Investors in QuantumScape (NYSE:QS) haven’t had much to cheer since the electric vehicle battery maker went public via a merger with special-purpose acquisition company Kensington Capital Acquisition in November 2020. On its first day of trading, QS stock soared nearly 50%. Less than a month later, shares hit a high of $132.73, 465% above where
In this article LATGU FOUN A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) The oversaturated SPAC market is continuing to get
Traders on the floor of the NYSE, Feb. 2, 2022. Source: NYSE Thursday is the halfway point for fourth-quarter earnings season. The good news is corporate America is flush with cash. The bad news is 2022 estimates don’t look anywhere near as robust as 2021. The highlights so far: Revenues are at record highs. Corporate America
In this article @W.1 Armored personnel carrier (APC) of the 92nd separate mechanized brigade of Ukrainian Armed Forces move to park in their base near Klugino-Bashkirivka village, in the Kharkiv region on January 31, 2022. Sergey Bobok | AFP | Getty Images The highly unpredictable nature of Russia’s threat against Ukraine has rippled across financial
The recent volatility in the markets appears to be easing a bit. That’s not to say the main driver of it, the Federal Reserve’s plans to raise interest rates, won’t continue to have an impact. But with stocks, electric vehicle (EV) and tech plays in particular knocked down so much, so fast? It may be
AMC (NYSE:AMC) stock has been struggling for the past few months, and it is now at its lowest point in the last year. That’s a bad omen for mem stock investors. Source: viewimage / Shutterstock.com AMC is reportedly in the midst of talks to refinance debt to lower their interest burden. This would also see
AMC Entertainment (NYSE:AMC) reported results for its fourth quarter on Feb. 1. They were some of the theater chain’s best results in recent memory. AMC stock gained more than 10% on the news. Source: Helen89 / Shutterstock.com “AMC’s 2021 results improved significantly as the year progressed, and we finished the year with the strongest quarter
Today I’m going to talk about why would you sell a put rather than buy a call when you’re trading options? Both of those are looking for the stock to move in the upward direction. So why would you do one over the other? In this video I’ll explain it to you. Check it out!
With so many things to consider when deciding whether or not to buy a stock, it’s easy to omit some important considerations. The stop-loss order may be one of those factors. When used appropriately, a stop-loss order can make a world of a difference. And just about everybody can benefit from this tool. Key Takeaways
In this article MSTR BTC.CM= Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as
In this article QRVO SPOT ALGN QCOM FB A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines after the bell Wednesday: Meta Platforms — Shares of the Facebook parent plunged more
In the 16 months that FuboTV (NYSE:FUBO) has been trading publicly, FUBO stock has posted a small gain. If you look at that without any context, you’d say the stock was a good-but-not-great performer. Source: Lori Butcher/ShutterStock.com However, if the last two years have taught investors anything, it’s that context matters a whole lot. FUBO
After a rough few weeks, Rivian Automotive (NASDAQ:RIVN) — like other major electric vehicle (EV) stocks — has started to bounce back. Starting on Jan. 31 when it surged 15%, RIVN stock has been trending higher. After falling to a low of around $50 per share, the stock is back to the $64 mark. Source:
Will the real Rivian (NASDAQ:RIVN) please stand up? Six days after going public, RIVN stock charged to a closing price of $172.01. That was 128% above its initial public offering (IPO) price of $78. But as of this writing, the stock can be had for 17% below its IPO price. Source: James Yarbrough / Shutterstock.com
CNBC’s Jim Cramer said Tuesday that now is the time to ditch stocks of unprofitable companies. “This is your chance to free yourself of those companies … that don’t have any revenues, don’t have any earnings, all 50 times sales,” Cramer said on “Squawk on the Street,” referring to stocks that sell at high price-to-sales
In this article XOM PBI CRUS UPS AMC SIRI A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Exxon Mobil – Exxon shares
It didn’t take long for the euphoric rally in cannabis stocks following President Joe Biden’s election to fizzle out. You can thank a renewed focus on valuations and regulatory headwinds for that. Among the stocks to crash and burn was Canadian cannabis producer Sundial Growers (NASDAQ:SNDL). SNDL stock is down nearly 90% since its post-election
With rate hike fears knocking stocks across the board, even Digital World Acquisition (NASDAQ:DWAC) stock has taken hit. Source: rafapress / Shutterstock However, unlike other meme plays, DWAC stock continues to see relatively less impact from recent changes in market sentiment. For one, while down in recent days, it remains up nearly 34% year-to-date. Compare that
Once known only as Tilray, the Canadian cannabis producer let investors know Jan. 10 while releasing its second quarter of fiscal year 2022 results that moving forward; it will be known as Tilray Brands (NASDAQ:TLRY). In turn, TLRY stock briefly jumped on the news. Source: Ralf Liebhold / Shutterstock.com Cynical investors might view CEO Irwin