North America’s largest supplier of flat rolled steel, Cleveland-Cliffs (NYSE:CLF), saw its shares pop on Monday. CLF stock closed on Oct. 8 at $20.63, but ended Monday’s session at $21.46 for a 4% pop. Source: Pavel Kapysh / Shutterstock.com The catalyst? On Monday, the company announced it is acquiring Detroit-based Ferrous Processing and Trading Company
Stock Market
QuantumScape (NASDAQ:QS) has had a difficult 2021. After topping out just below $133 per share in December, QS stock has lost more than 80% of its value. It’s been tripped up by a number of things recently, including insider stock sales, a devastating short-seller report and a washout within the special purpose acquisition company (SPAC)
Tesla (NASDAQ:TSLA) is reportedly expanding access to its Full Self-Driving Beta 10.2 software. Many TSLA stock investors are hoping autonomy will eventually be a big business for Tesla. Source: Grisha Bruev / Shutterstock.com The controversial FSD software has generated plenty of criticism on social media. After reading some of the comments and watching some videos,
Stocks can be many things, but they surely include elements of risk as investors’ seek to build wealth. Camber Energy (NYSE:CEI) stock has been making headlines for its very volatile price action – and it appears to have room for further volatility. Source: Shutterstock The real questions related to the volatility of CEI stock are whether
ContextLogic (NASDAQ:WISH) stock may still rank as one of the most talked-about stocks on Reddit’s r/WallStreetBets subreddit. But as the “meme stock” trend has continued to cool, don’t count on this giving WISH stock the momentum it needs to bounce back toward prior price levels. Source: sdx15 / Shutterstock.com That goes for any potential it
Lucid Group (NASDAQ:LCID) combined two of 2021’s hottest trends — electric vehicle startups and special-purpose acquisition companies. The problem was that by the time the company completed its reverse merger with Churchill Capital Corp. IV in late July, investor interest in both trends was significantly diminished. Still, LCID stock shot up as much as 20%
It has not been smooth sailing for the cruise operators. While the market is enduring a correction, at least most names enjoyed a run back to new highs. Or at the very least, a push above the pre-coronavirus 2020 highs. Not Carnival (NYSE:CCL), though. In fact, CCL stock has barely recovered half its losses from
DatChat (NASDAQ:DATS) is a private messaging application company with little going for it — aside from the cash it raised at its Aug. 13 initial public offering (IPO). DatChat raised $11.04 million according to its most recent prospectus. Somehow, DATS stock now has a market value of about $220 million, according to Yahoo! Finance. Source:
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
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,
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
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.
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
Believe it or not, the hottest hypergrowth industry in the world right now is one that not many folks on Wall Street are chatting about, and that’s the Buy Now, Pay Later market. Source: Shutterstock Buy Now, Pay Later – or BNPL – is a relatively new type of digital fintech product that allows folks
Joby Aviation (NASDAQ:JOBY) stock is down 31% since emerging from a SPAC deal with Reinvent Technology Partners on Aug. 11. That makes sense, because Joby is a “pre-revenue” company. Investors have nothing to judge JOBY stock by except plans, sponsors and a prototype. Source: T. Schneider / Shutterstock.com The company intends to deliver an electric
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navellier’s pick for the contest is Fiverr International (NYSE:FVRR) stock. FVRR stock has been struggling of late, but the core reason is somewhat ironic. It’s because the pandemic is fading. Source: by InvestorPlace The U.S. added just 194,000 jobs in September, while the lowest
Recently, I gave InvestorPlace readers my opinion on seven natural gas stocks to buy. At that time, I wasn’t paying much attention to penny stocks. If I had, I may have given Tellurian (NASDAQ:TELL) a closer look. The company is a play on liquefied natural gas (LNG), and it’s one of the up-and-coming players in this
Bionano Genomics (NASDAQ:BNGO) has turned into a bear of a meme play. But is there a chance for bullish DNA to be reproduced in BNGO stock? Source: Natali_ Mis/ShutterStock.com Let’s check in with what’s happening off and on the price chart of BNGO stock, then offer a risk-adjusted determination aligned with those findings. At a singular
What do you get when you mix a small-cap stock, Reddit and a sprinkle of hot non-fungible token (NFT) news? An explosion in Vinco Ventures’ (NASDAQ:BBIG) stock price. BBIG stock rallied 420% in August in about 10 days. This happens often in post-pandemic Wall Street. Retail investors have gone hog wild with excitement and in
Greenidge Generation Holdings Inc. (NASDAQ:GREE) recently went public via a reverse merger on Sept. 15. Ever since then, GREE stock has lost more than 50% of its price. It currently trades around $25. Source: Shutterstock The reverse merger gave shareholders 115 shares of GREE stock for every 1,000 shares of Support.com stock they held. On
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