In this article PSTH Bill Ackman’s troubled SPAC was hit with a lawsuit Tuesday alleging the blank-check company promised “staggering compensation” to directors and asking that the entity’s special status be revoked. The plaintiffs — former Securities and Exchange Commission commissioner Robert Jackson and Yale law professor John Morley — claim that Pershing Square Tontine
Take a look at some of the biggest movers in the premarket: Home Depot (HD) – Shares of the home improvement retailer fell 3.2% in the premarket following its second-quarter results. Home Depot earned $4.53 per share, 9 cents a share above estimates. Revenue also topped forecasts. Comparable-store sales fell short of forecasts, however, rising
Exela Technologies (NASDAQ:XELA) is a Texas company that sells itself as a leader in business process automation. The XELA stock price is down 8.6% in the last six months. Source: Alextype/Shutterstock.com The current company is the result of a 2017 tie-up of three companies which now suffers from crushing debts. Exela is still around thanks to
After his attempt at a dot-com company failed, Nicholas Woodman traveled to Australia and Indonesia. While he was abroad, he realized that he could sell waterproof cameras. In 2002, Woodman founded Woodman Labs, the parent company of GoPro (GPRO). GoPro makes some of the most versatile cameras in the world. These products are capable of
You can’t blame bullish Sundial Growers (NASDAQ:SNDL) investors for thinking SNDL stock might have found a bottom. But after the company reported its second-quarter earnings, a double-bottom line of support was taken out around 78 cents a share. Source: Postmodern Studio / Shutterstock.com This should raise two immediate questions for speculators in Sundial Growers: How
Alight (ALIT) recently went public via SPAC last month and the lack of analysts coverage has catalyzed significant undervaluation.
Solar energy has become a hot investment theme. Companies in the alternative energy industry are currently on a mission to help the global economy shift away from fossil fuels toward solar energy. This transition is expected to take many years as well as trillions of dollars, creating a compelling opportunity for long-term investors. Therefore, we
Spire CEO Peter Platzer rings the opening bell of the New York Stock Exchange (NYSE) during their listing in Manhattan, New York City, U.S., August 17, 2021. Andrew Kelly | Reuters Small satellite builder and data specialist Spire Global began trading on the New York Stock Exchange on Tuesday, becoming the latest space company to
In this article WMT HD RBLX EDR ME TME A Home Depot branded bucket at a Home Depot store in Hercules, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Home Depot — The home improvement retailer’s shares dropped more
“The pill that moves the needle.” This is the statement highlighted on Vaxart’s (NASDAQ:VXRT) website, and it is written to make a bold impression. Recently, the company has been in the spotlight for its Covid-19 vaccine that is notably in pill form. Its inoculation isn’t ready yet, but some investors have already picked up shares
Redmond, Washington-headquartered Microvision (NASDAQ:MVIS) is known for providing a technology known as lidar, or light detection and ranging. MVIS stock is among just a small handful of tradable pure lidar plays on the market right now. Source: Oskari Porkka/ShutterStock.com Lidar systems, just to give you a quick primer, use laser beams to form a three-dimensional image
If you’re looking for stocks to buy you could do worse than investigating some of the picks made by Cathie Wood. Wood, the founder and Chief Executive Officer of the Ark Invest financial management firm based in New York City, follows an investment philosophy that is focused on disruptive and cutting edge technologies. It’s a
As part of the Affordable Care Act (ACA), the Health Insurance Marketplace (or “Exchange”) opened again for business on Nov. 1, 2015, when Open Enrollment for 2016 healthcare coverage began. The Marketplace is an online, one-stop shopping experience for health coverage designed to make it easier for individuals and families to compare and purchase insurance.
In this article MNTS An artist’s rendering of a Momentus Vigoride transfer vehicle deploying satellites in orbit. Momentus Space company Momentus debuted on the Nasdaq on Friday, completing a nearly yearlong and turbulent merger process that resulted in a new CEO and the departure of its founders. “In terms of value for investors, I think
Shoppers carry bags of purchased merchandise at the King of Prussia Mall, in King of Prussia, Pennsylvania, December 8, 2018. Mark Makela | Reuters Retail sales were expected to have fallen off in July, as consumers reacted to the delta variant of Covid and held off on online and vehicle purchases. Economists expect retail sales
When it comes to selecting dividend stocks to buy, investors can take their pick: high yield stocks, blue chip stocks with safe payouts, stocks with high dividend growth rates, value stocks; the list goes on. But selecting undervalued dividend stocks is particularly advantageous for a variety of reasons, not the least of which is that
It hasn’t been a fun ride for Workhorse (NASDAQ:WHKS) stock. Source: rblfmr / Shutterstock.com In fact, most start-up EV, low-quality special purpose acquisition companies (SPACs) and high-growth stocks have struggled over the past few months. In the case of WKHS stock, shares remain 76% below the all-time high set in February. Unfortunately for Workhorse, earnings aren’t
Go ahead and browse any investment-related social media forum and you’ll quickly discover that Clover Health Investments (NASDAQ:CLOV) stock has a very strong following. Source: Shutterstock I’m not suggesting it’s a meme trade (which has become a controversial term), but CLOV stock certainly has meme-ish attributes. Is that alone enough to justify more than a
Positive Stories for This Solar and Cloud Based Company.
Niche markets come in and out of fashion. But if you feel that the healing power of psychedelics is real and deserves to be explored, then I invite you to check out Mind Medicine (NASDAQ:MNMD) and consider a position in MNMD stock, which I give an “A” in my Portfolio Grader. Source: luckakcul / Shutterstock.com It’s a