With Robinhood (NASDAQ:HOOD) stock facing a perfect storm of a looming cryptocurrency collapse, disappointing third-quarter results, stepped-up competition, and increased caution on the Street about growth names, it’s definitely time to sell HOOD stock. Source: dennizn / Shutterstock.com Also not helping matters is the fact that, even after the stock crashed in recent months, its
Month: December 2021
In this article PFE BNTX CPB THO WEBR SFIX Check out the companies making headlines before the bell: Pfizer (PFE), BioNTech (BNTX) – The companies said studies showed that three doses of their Covid-19 vaccine neutralized the omicron variant, while two doses still offered protection. Pfizer and BioNTech also said they’re continuing to work on
Everbridge (NASDAQ:EVBG) was downgraded by Robert W. Baird from an “outperform” rating to a “neutral” rating in a report issued on Friday, Price Targets.com reports. They currently have a $95.00 target price on the technology company’s stock, down from their prior target price of $175.00. Robert W. Baird’s target price points to a potential upside
It’s funny how some of the market’s darlings of 2020 have been ignored or even hated in 2021. Digital sports entertainment and gaming company DraftKings (NASDAQ:DKNG) is a textbook example of this, as DKNG stock abruptly fell out of favor this year. Source: Postmodern Studio / Shutterstock.com How can we explain this? Maybe it’s just an
Throughout the year, there has been a lot of interest around SmileDirectClub (NASDAQ:SDC). Not so much for the tele-dentistry company’s underlying business. Instead, much of the appeal with SDC stock has been with its potential as a short-squeeze play. Source: Helen89 / Shutterstock.com Even after falling by more than 74% over the past 12 months, and
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In this article MRVL RIVN GOOGL S WCN-CA RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian The market volatility in recent weeks is enough to make even the most experienced investors worried, particularly as they contend with the omicron Covid variant and the prospect of tighter monetary
In this article ROKU NCLH PLAY SFIX Source: Stitch Fix Check out the companies making headlines in midday trading. Stitch Fix — Shares of the digital personal shopping company plummeted 23% after reporting disappointing guidance for the fiscal second quarter and the full year. Stitch Fix also missed estimates for its fiscal first quarter active customers. The
Chewy (NYSE:CHWY) had its price objective cut by research analysts at Morgan Stanley from $81.00 to $74.00 in a research report issued on Friday, Analyst Ratings Network reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s target price indicates a potential upside of 42.97% from the company’s current price. The
For generations of investors, telecommunications giant AT&T (NYSE:T) has been as solid as a rock. However, the performance of T stock during the past few years has disappointed some shareholders. Source: Lester Balajadia / Shutterstock.com It’s challenging to pinpoint what went wrong. One commentator described AT&T’s $85 billion purchase (plus debt) of Time Warner in 2018
Almost a year ago, GameStop (NYSE:GME) kicked off the Reddit short squeeze trade and countless other stocks, like AMC Entertainment (NYSE:AMC), have been involved since. However, AMC stock has been struggling lately. Source: Shutterstock / mundissima That only has investors asking one main question: Does it have one last short squeeze left in it before
Sahil Bloom talks with Preston Pysh about what the Cantillon Effect is and how it’s important to the global economy. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:04:03 – Sahil’s Thoughts on Curating Content Online 0:10:26 – Why Sahil Has Gotten Interested in Macro and Sound Money 0:17:25 – What Is the Cantillon Effect
Upstart (UPST) is ripe for a buy today with a couple of key support levels ready to maintain its buoyancy, following an overdone sell-off last month. For more color: https://www.zacks.com/stock/news/1837635/upstart-upst-a-fintech-investment-to-act-on-today?art_rec=home-home-top_stories-ID06-txt-1837635 Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
In this article GME LCID AAL BA CVS People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters Check out the companies making headlines in midday trading. CVS — Shares of the drugstore chain jumped 3.8% to hit a 52-week high after the company said sales
Goldman Sachs Group Inc. boosted its position in shares of LogicBio Therapeutics, Inc. (NASDAQ:LOGC) by 59.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,030 shares of the company’s stock after purchasing an additional 20,423 shares during the period.
In Best Stock Charts this week we discuss last weeks performance of our trades of CRSP stock. ADBE announces earnings this week and we plan on using an options strategy called a “strangle” to sell calls and puts to collect premiums. We want to be the casino and not the gambler so that we are
If you bought Asana (NYSE:ASAN) a month ago, you’re probably not very happy with your 41% paper loss on ASAN stock. Fear not. Source: rafapress / Shutterstock.com Although the work management platform’s stock has cooled off in recent weeks, it is still up 251% from its September 2020 IPO price of $21. It’s gotten to
Remember when Pinterest (NYSE:PINS) caught fire with the euphoria surrounding stay-at-home stocks last year? It joined Zoom Video Communications (NASDAQ:ZM), Teladoc Health (NYSE:TDOC), Peloton Interactive (NASDAQ:PTON), DocuSign (NASDAQ:DOCU), and many others on a rocket ship ride for the ages. If you thought the meteoric rise was eye-popping, you should see this year’s unraveling in PINS
In this article QUOT SDI Productions | E+ | Getty Images Company: Quotient Technology, Inc. (QUOT) Business: Quotient Technology operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company operates through two segments: (i) Promotions segment, which offers digital coupons and
In this article AMCX Shopping carts are lined up in front of a Costco store on February 25, 2021 in Inglewood, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading Friday: Costco — Costco shares rose more than 6% after the warehouse retailer posted its latest quarterly numbers a day
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