Month: February 2023

Barclays PLC reduced its position in SLM Co. (NASDAQ:SLM – Get Rating) by 9.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,362 shares of the credit services provider’s stock after selling 6,902 shares during the period. Barclays PLC’s holdings in
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The non-farm payrolls report released last Friday dropped a bombshell on the market, revealing the US economy added 517K jobs in January 2023, surpassing expectations of 185K and the highest since July 2022. Growth was seen in leisure and hospitality, professional and business services, health care, government, retail trade, construction, transportation and warehousing, and manufacturing.
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It’s possible that some meme stock traders with impeccable timing have profited by trading in and out of Mullen Automotive (NASDAQ:MULN). However, the same can’t be said about investors who have bought MULN stock with a buy-and-hold strategy. Shares in the electric vehicle startup trade wildly, creating many short-term opportunities to buy when it falls
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Among the early stage electric vehicle stocks, Rivian Automotive (NASDAQ:RIVN) has far fewer problems with its underlying business. However, whether that makes RIVN stock a great opportunity today is another question. Yes, the company has made far more progress than undercapitalized upstarts like Mullen Automotive (NASDAQ:MULN). Preorder numbers for Rivian have also been more promising
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