Pinterest (NYSE:PINS) stock is badly in need of a reset. Like other social media companies, PINS is having a rough go these days. The stock is down by 26% since Jan. 1, and by 40% over the last three months. Source: Nopparat Khokthong / Shutterstock.com But unlike other social media stocks, Pinterest also got an
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As a media and telecom conglomerate, AT&T (NYSE:T) has many moving parts. But when it comes to T stock, there’s one thing that’s been top of mind among investors. That would be the future of its dividend. Source: Lester Balajadia / Shutterstock.com At today’s prices, it has a forward dividend yield of 8.58%. In today’s
In late summer 2021, DraftKings (NASDAQ:DKNG) rebounded to more than $60 and looked ready to find a new high. At its bullish peak, speculators bet that the National Football League (NFL) season start would lift DKNG stock. Traders also thought sports betting gaming license wins would be positive catalysts. Source: Tada Images / Shutterstock.com However,
Kohl’s (NYSE:KSS) stock surged 35% after getting a buyout offer from Starboard Value at $64/share, with other hedge fund and private equity groups reportedly circling. Source: Sundry Photography/Shutterstock.com Shares are trading January 28 at over $60.50, a market cap of $8.27 billion. Shares ended the previous week below $47. Analysts were going on TV to
I wrote about Gevo (NASDAQ:GEVO) in February 2021 when it was heading towards its meme-stock induced 52-week high. As a company that was, and remains, a pre-revenue company, I made a bearish call on GEVO stock. Source: Shutterstock That proved to be the right call. Since February, GEVO stock went on a steady trip lower,
South Korean e-commerce giant Coupang (NYSE:CPNG) made a splashy debut with its initial public offering in March. CPNG stock was priced at $35 a share. It shot up to a high of $69 on its first day of trading before closing up 40%. Since then, it’s been mostly downhill for shares. Source: Michael Vi /
Maryland-based pharmaceutical company Novavax (NASDAQ:NVAX) is a Wall Street disappointment right now. NVAX stock is down more than 40% so far this year. But that doesn’t tell the full story of the stock’s slide. Source: vovidzha / Shutterstock.com It was less than a year ago that NVAX stock traded for a hair under $330 per
Shareholders in Lucid (NASDAQ:LCID) started 2021 on a bright note. And LCID stock kept up the momentum for most of the year. Source: Around the World Photos / Shutterstock.com LCID stock surged last November on news that the first Lucid Air EVs had been delivered to customers. Stellar reviews of Lucid’s first production EV also didn’t
The video game industry is still buzzing from last week’s announcement that Microsoft (NASDAQ:MSFT) is buying Activision Blizzard (NASDAQ:ATVI). And for investors, the deal means its time to parse out the stock winners and losers in the deal. Microsoft’s $68.7 billion deal to buy Activision will make it the globe’s third-largest gaming company and the
From the outset, neo-banking leader SoFi Technologies (NASDAQ:SOFI) sought to help people from all walks of life to manage their money. It’s an ambitious vision that some loyal SOFI stock holders undoubtedly share. Source: rafapress / Shutterstock.com The idea of taking on the big banks and handing the power back to the people is exciting.
Earlier in January, Virgin Galactic (NYSE:SPCE) stock fell through its October 2019 debut price of $11.75. Little did shareholders know that the stock would fall another $3.75 over the next three weeks. Source: rafapress / Shutterstock.com As I write this, it is below $9 and nowhere near its all-time high of $62.80 reached in June
Shares of up-and-coming electric vehicle EV startup Canoo (NASDAQ:GOEV) have shed more than 40% of their value in the past six months. GOEV stock has fallen more than 70% from its 52-week high price of $18.88. Overall, its first year of trading was forgettable. Source: shutterstock.com/rafapress 2022 could be a landmark year for the company,
It’s no secret that Twitter (NASDAQ:TWTR) underwent a major transition, as Jack Dorsey stepped down as its CEO and was replaced by Parag Agrawal in November of last year. The change put the loyal owners of TWTR stock at a crossroads: should they keep the shares or dump them? Source: Worawee Meepian / Shutterstock.com It’s a
Market conditions continue to work against Palantir Technologies (NYSE:PLTR). But, as it sinks down below $15 per share, PLTR stock may now be entering the buy zone. At least, it may appear that way to investors who see the data analytics software provider as a long-term play. Source: Ascannio / Shutterstock.com For investors looking at PLTR
The stock market is having a bit of a tizzy in anticipation of a Federal Reserve meeting this week. The Fed will announce its plans on how fast it wants to control inflation this year. Meanwhile, investors are pricing in what is likely too much bearishness just in case. In other words, they are selling
Do you like to ride on the backs of cryptocurrency whales? If so, then you’ll definitely want to check out Fantom (CCC:FTM-USD). Apparently, large-scale traders may be showing interest in Fantom in early 2022. Source: Wit Olszewski / Shutterstock.com Reportedly, one crypto whale recently purchased 500,000 FTM. That order was valued at $1,110,000 – clearly, somebody’s
With the growth of online retail, I can understand the attraction retail investors have to ContextLogic (NASDAQ:WISH). However, WISH stock is down about 90% from its 52-week high. And the chart hasn’t given bulls much to be encouraged about since early summer. Source: sdx15 / Shutterstock.com That was when I first wrote about WISH stock.
Bakkt Holdings (NYSE:BKKT) stock has had a mystifying run over the past six months or so. The company launched via a special purpose acquisition company (SPAC) and almost immediately skyrocketed from $10 to $40. Source: iQoncept/ShutterStock.com These gains would not last, however. BKKT stock hit $40 in October. By December, it was back down to
We finally have more clarity regarding when DiDi Global (NYSE:DIDI) will list in Hong Kong. According to a South China Morning Post report, shares could list as early as the second quarter of this year. The company is set to delist in the U.S. and offer a one-for-one exchange for their shares. It caps a
If Twitter (NYSE:TWTR) is going to improve in 2022, it will have to find new ways to attract users. But how it will manage to do that is still up in the air. And that’s why TWTR stock is bleeding these days. Twitter currently trades at $35.10, down more than 18% since the beginning of
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