Two years after the first Covid-19 cases emerged in Wuhan, China, and the coronavirus pandemic is rolling along stronger than ever. What this means for travel stocks, however, remains fuzzy. Yes, the omicron variant appears to be more transmissible than the original virus or its delta variant. And we all remember how the world shuddered
Month: December 2021
AT&T (NYSE:T) stock may not have bottomed out recently at $22.17 on Dec. 15. This is despite the company’s proposed dividend cut next year. The issues with the upcoming spin-off/merger are making things highly uncertain. As a result, T stock has been struggling in the past three months. It is still down $3.41 to $24.19
From a topical perspective, Opendoor Technologies (NASDAQ:OPEN), despite an overall challenging economic environment, offers investors reason to believe in OPEN stock. Source: Tada Images / Shutterstock.com Yes, inflation in the housing market seems well overstretched, possibly due for a correction, but then, data is king. The data shows that housing prices in the U.S. keep
In this article WEED-CA BIIB UAL RCL MRNA CERN Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares jumped 7.2% in the premarket after the drugmaker said a booster dose of its Covid-19 vaccine increased protection against the omicron variant 37-fold. Amid the spread of omicron, other vaccine makers are
Taseko Mines Limited (TSE:TKO) (NYSE:TGB) Senior Officer Robert John Rotzinger sold 20,000 shares of the business’s stock in a transaction dated Thursday, December 16th. The stock was sold at an average price of C$2.51, for a total transaction of C$50,260.00. Following the sale, the insider now directly owns 66,500 shares of the company’s stock, valued
If you’re looking for bargain stocks to buy that are down 30% or more in 2021, that’s not an easy task. Yardeni Research’s latest report on the S&P 500’s sector performance in 2021 came out on Dec. 16. The index itself was up 23% on the year, and not one sector was in negative territory.
Phunware (NASDAQ:PHUN) stock apparently soared in October due to its connections to cryptocurrencies and the 2020 reelection campaign of President Donald Trump. Phunware’s software allows companies “to engage, manage, and monetize their mobile applications.” Source: mundissima / Shutterstock.com Because of Phunware’s links with the Trump campaign, some investors believed that the company would be utilized
In this article WEED-CA CCL DVN FANG ORCL The Carnival Cruise Ship ‘Carnival Vista’ heads out to sea in the Miami harbor entrance known as Government Cut in Miami, Florida June 2, 2018. RHONA WISE | AFP | Getty Images Check out the companies making headlines in midday trading. Carnival — Shares of Carnival rose
AC Milan Fan Token (CURRENCY:ACM) traded up 10% against the US dollar during the 1 day period ending at 15:00 PM E.T. on December 20th. Over the last seven days, AC Milan Fan Token has traded up 5% against the US dollar. AC Milan Fan Token has a total market cap of $16.55 million and
Investors in auto giant Ford Motor (NYSE:F) have seen triple-digit returns in 2021. Year-to-date, F stock has returned over 131.5%. By comparison, the Dow Jones U.S. Automobiles index is up by 52%. Source: Philip Lange / Shutterstock.com The stock price hit a multi-year high of $21.46 a share on Dec. 10 and closed last week
I’m often a contrarian voice on stocks. But when it comes to AMC (NYSE:AMC) stock, I embrace what appears to be the view of most pundits and analysts. Source: rblfmr / Shutterstock.com Specifically, I agree that AMC’s shares have peaked and that they are headed much lower. Indeed, with movie theater attendance still very low
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Western Asset Mortgage Capital Co. (NYSE:WMC) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,320,000 shares, a drop of 30.2% from the November 15th total of 1,890,000 shares. Based on an average daily volume of 425,100 shares, the short-interest
Sports betting is fast becoming mainstream as more states legalize it. More recently, legalization in New York state and Canada have provided tailwinds for the segment. After all, it is a steady source of tax revenue. Additionally, as esports grows in popularity, Wall Street pays increased attention to the segment as well. Therefore, let’s discuss
Ocugen’s (NASDAQ:OCGN) chances of finding success with its Covid-19 vaccine candidate Covaxin have continued to drop. So, too, has the price of OCGN stock. Trading for around $7 per share when I last wrote about it, today it’s around $4.90 per share. Source: shutterstock.com/PhotobyTawat Now, not all of its recent slide can be chalked up to
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Morgan Stanley increased its position in Ameren Co. (NYSE:AEE) by 40.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,599,123 shares of the utilities provider’s stock after acquiring an additional 458,665 shares during the period. Morgan Stanley’s holdings in Ameren were worth $127,993,000 at the end of the most recent quarter. Several other
The EV Revolution is in full-swing right now. Source: Shutterstock Tesla has passed the trillion-dollar valuation mark. Lucid just rolled out its first cars with 500-plus miles of driving range. Rivian just had the biggest initial public offering (IPO) since Facebook. Every legacy automaker — from Ford, to GM, to Volkswagen — is investing tens
“What a difference a year makes” is the best way to describe the situation of ContextLogic (NASDAQ:WISH). A year ago, WISH stock was marking its debut on the Nasdaq Exchange, via an IPO that priced it at $24 per share. Source: sdx15 / Shutterstock.com Today the shares of the e-commerce company which operates the Wish.com platform
In this article DAL ACN REGN LEN NOV.N-CH V Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand
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