Multiple pundits who are bearish on Hyliion (NYSE:HYLN) stock seem to be convinced that the company will completely fail, causing its shares to ultimately plummet to nearly $0. Source: Hyliion media But I believe that these skeptics are ignoring several important points. First, the electric truck and powertrain maker has made deals with several major
admin
Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of
Vinco Ventures (NASDAQ:BBIG) stock began last week at $6.01 and this week just a hair over $5. Source: Shutterstock The loss was despite the announcement that ZVV Media Partners LLC and Zash Global Media had entered into a letter of intent to buy AdRizer LLC for $108 million in cash and stock. Vinco and Zash
Despite some positive news, it’s difficult to see why investors should direct their capital toward Carnival (NYSE:CCL) stock at current levels. CCL stock is down more than 14% in the last six months. The company has seen some encouraging signs regarding its business operations, but the overall picture remains negative. Further, as the pandemic wears
Palantir Technologies (NYSE:PLTR) is known for secrecy and its long list of government clients. Its shares haven’t moved much in the past 6 months. PLTR stock was trading at $23 in April and is trading at the same level today. Source: Ascannio / Shutterstock.com The company went public through a direct listing and since then, it
New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Check out the companies making headlines in midday trading. Energy stocks – Oil stocks rose again Monday as futures for West Texas Intermediate crude traded
A few months back, ChargePoint (NYSE:CHPT) stock had plenty of positive catalysts that were helping it move higher or, at the very least, hold steady. Not only was the U.S. bipartisan Infrastructure bill helping to sustain buzz about the shares, but the market was highly favorable to speculative growth stocks. Source: YuniqueB / Shutterstock.com But
FuelCell Energy (NASDAQ:FCEL) saw its shares close at a high of $27.96 in early February. Since then, the story has been much less impressive, with the stock in a long slide. At this point, FCEL stock is trading for $6.71, down 76% from its February high. Shares are also down 40% for the year. So,
The largest industries driving New Jersey’s economy include pharmaceuticals and life sciences, financial services, advanced manufacturing, information technology, and transportation and logistics. There are 16 Fortune 500 companies based in New Jersey. Key Takeaways New Jersey’s largest industries include financial services, transportation and logistics, and life sciences. While the technology industry in New Jersey is shrinking, the
Since I’ve begun eating Tattooed Chef’s (NASDAQ:TTCF) meals, and since the company made an important deal with Kroger’s (NYSE:KR), I’ve become bullish on TTCF stock. Source: Spyro the Dragon / Shutterstock.com Also making me more upbeat is the fact that the stock dropped significantly following Wall Street’s overreaction to the company’s second-quarter revenue miss, and
Boeing (NYSE:BA) stock has yet to recover from 2018. Source: Alex JW Robinson / Shutterstock.com When the 737-MAX scandal first overtook the company, investors were told to “buy the dip” at $320 per share. After all, BA stock traded at $440. It delivered dividends of more than $2 per share each quarter. Those who bought
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
Overall, one of the main catalysts for President Joe Biden’s 2020 electoral victory was his stance on the novel coronavirus pandemic. Leading up to the election, former President Donald Trump’s administration made critical errors, primarily flirting with unsubstantiated Covid-19 allegations which undid the good of Operation Warp Speed. In turn, it’s unfortunate because people are
In this article GOOGL FB PTON Shannon Stapleton | Reuters Rising oil prices, the prospect of the Federal Reserve dialing back its easy-money policy and tension among lawmakers in Washington are just a few of the factors behind the latest bout of volatility in the markets. Top analysts are sticking by these names amid the
Investors who are still holding onto shares of ContextLogic (NASDAQ:WISH) stock should dump the stock now before there’s nothing left. Source: sdx15 / Shutterstock.com WISH stock plummeted 28% in the last month, bringing its total decline for the year to 71%. It’s flirting with the $5 mark, which would make it a penny stock. Shareholders
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.
Those looking to build a business may be attracted to the benefits of a franchise. In addition to offering the support and promotion of the franchise from the headquarters itself, many franchises can be purchased with startup fees that are relatively affordable. Before you officially throw your hat into the entrepreneur ring, consider these affordable
Editor’s Note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Eric Fry’s pick for the contest is Osisko Gold Royalties (NYSE:OR). Source: Shutterstock Since our last update in mid-July, Osisko Gold Royalties (NYSE:OR) has continued to deliver relatively forgettable returns for 2021. The stock is down 7% year-to-date, matching gold’s 7% retreat year-to-date. In other
While I could get into a complicated argument about Greenidge Generation (NASDAQ:GREE), I think my colleague Alex Sirois said it best and said it succinctly: “There is now no reason to be invested” in GREE stock following the underlying company’s merger with Support.com in mid-September. Source: Shutterstock Since the mid-September merger, Greenidge shares have done
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