Over the past year, traders have looked for SPACs to sell amid a terrible slump in the sector. But the mood may be changing given the level of destruction across the sector. After all, many of these formerly promising companies are now 70%-90% below the stock prices at which they merged. Surely, some of them
After attempting to rebound earlier this year, Mullen Automotive (NASDAQ:MULN) shares have experienced another sharp price decline over the past month. Now trading for just over a dime, MULN stock is now more than ever in the stock market scrapyard. Yet while the market may have written off Mullen as an investment opportunity, Microsoft’s (NASDAQ:MSFT)
In this article JPM WFC GME SQ Follow your favorite stocksCREATE FREE ACCOUNT Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Check out the companies making headlines
According to the International Energy Agency, the “new industrial age” powered by the green energy boom could become an industry worth over $650 billion by 2030. Moreover, related jobs in the sector are expected to grow by more than 50% to 14 million by 2030. Therefore, investing in the best energy stocks in the renewables space makes
Lately, it appears that Bed Bath & Beyond (NASDAQ:BBBY) has been following the playbook of many distressed publicly listed businesses. The company is seeking to enact a reverse split of BBBY stock. Furthermore, Bed Bath & Beyond is still pursuing its equity offering agreement even though the company’s shares are rapidly losing value. These measures are
Should you invest in AMC Entertainment (NYSE:AMC) this year? It’s a tough call, as the company is apparently preparing to increase the number of AMC stock shares in circulation, which could raise dilution concerns. AMC Entertainment is making progress on the financial front, though, so some risk-tolerant traders might consider a small, speculative share position. Ironically
In this article PACW FRC COIN Follow your favorite stocksCREATE FREE ACCOUNT Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Coinbase — Shares of
The market’s winds have changed direction over the past few weeks. Up until recently, growth stocks were in the doghouse as investors fretted about falling revenue growth rates and mounting layoffs in the technology industry. But now, Wall Street’s worries have turned to the banking sector. A series of major banking failures in March have
Over the past couple of months, meme stocks have shown a sharp price increase. Some have risen in price several times despite the overall fall in the stock market caused by the release of data on rising inflation in the U.S. Retail investors massively bought shares of low-liquid companies, which led to a 2x-3x increase
Troika Media Group (NASDAQ:TRKA) is a penny stock that has garnered investor attention in the past month. During late February and early March, TRKA stock went “to the moon,” as they say. During this time, shares zoomed from 25 cents to 99 cents per share. However, much like how things usually play out for “flavor
In this article REGN NFLX PACW FRC META Follow your favorite stocksCREATE FREE ACCOUNT Aaronp/bauer-griffin | Gc Images | Getty Images Check out the companies making the biggest moves midday: Netflix — The streaming giant’s stock climbed 8.5% following a report from YipitData that said the company’s gross additions in Canada have improved. YipitData wasn’t
Investing in the best lithium stocks to buy can prove to be incredibly lucrative. The electric vehicles sector, in particular, is expected to be a focal point in driving long-term growth in the space. And, according to a McKinsey report, the demand for lithium carbonate equivalent (LCE) is expected to grow by 500% to 700%
It’s indisputable that electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) is eyeing the Saudi Arabian automotive market as a potential revenue source. Will this be enough to counterbalance Lucid’s problems at home in the U.S., though? Don’t get your hopes up, as major financial issues could weigh heavily on LCID stock in 2023. Lucid Group
For years, Apple (NASDAQ:AAPL) was a darling on Wall Street. However, investors soured on technology stocks last year — and today, not every analyst favors AAPL stock. At the end of the day, investors must weigh the positives and negatives before considering a share position in Apple. Analysts’ ratings aren’t the be-all and end-all of
In this article COIN SCS Follow your favorite stocksCREATE FREE ACCOUNT All Coinbase Japan customers will have until Feb. 16 to withdraw their fiat and crypto holdings, the company said in a blog post. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in extended trading. Steelcase — Shares of the office
The tech industry continues to hand out pink slips to employees as the threat of a recession grows every day. Yet, despite the clouds in the distance, investors continue to debate whether it’s wiser to buy stocks that are poised for growth or ones brimming with value. As CNBC contributor Bob Pisani sees it, value
When it comes to dividend investing, knowing which dividend stocks to sell can be more important than knowing which dividend stocks to buy. Buying stocks for income/yield can oftentimes be like trying to pick up pennies in front of a steamroller. Given how stocks bought primarily for their dividend can tank upon news of a dividend cut/suspension,
In this article, we’ll look at what stocks Democratic congressmen are buying. The reason? Simple. Many investors believe U.S. lawmakers have the inside track regarding the stock market. Hence, stock pickers are increasingly monitoring their trades to see if they fit their investment profile. Last September, former House Speaker Nancy Pelosi announced that the Senate
The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters Check out the companies making headlines in midday trading. Nvidia — Nvidia shares gained nearly 3% midday, building on their recent outperformance. Wall Street analysts lauded the company’s artificial intelligence leadership following its
There are plenty of drivers of uncertainty in the stock market right now. With high inflation, multiple geopolitical conflicts, and a banking crisis that appears to be spreading, there are plenty of reasons for investors to duck and take cover. In my view, high-quality, blue-chip stocks are among the places that investors may want to