At first glance, real estate loan originator UWM Holdings (NYSE:UWMC) might not sound like the most exciting company on the planet. Yet the price action of UWMC stock has actually been pretty wild lately. Source: Shutterstock I suppose we could chalk it up to the meme-stock phenomenon. When social-media traders commandeer a stock, its share price
As of this writing, the latest meme stock rally in ContextLogic (NASDAQ:WISH) stock appears to be running out of gas. Source: sdx15 / Shutterstock.com Starting June 1, this favorite of Reddit’s r/WallStreetBets subreddit, zoomed from $7.74 per share, to prices topping $15 per share. But, after falling to $14.93 on June 29, it may be
Shareholders of biotechnology company Novavax (NASDAQ:NVAX) continue to ride a rollercoaster of highs and lows, and many might be wondering when they can get off the NVAX stock ride. Source: Ascannio/Shutterstock.com NVAX stock reached a 52-week high of $331.68 a share on February 8th. It then fell 54% before rebounding and climbing 70% higher. However,
Check out the latest Zacks Personal Finance 101 video for the key differences between single and married withholding.
An equity-indexed annuity is a type of fixed annuity that is distinguished by the interest yield return being partially based on an equities index, typically the S&P 500. The general appeal of equity-indexed annuities is to moderately conservative investors who like having some opportunity to earn a higher investment return than what’s available from traditional
Opendoor Technologies (NASDAQ:OPEN) runs a digital platform for residential real estate. It is also on a massive home-buying spree. Eventually, that will lead to much higher cash flow, as I pointed out in my previous article on OPEN stock last month. Source: PREMIO STOCK/Shutterstock.com In fact, my analysis showed that at the time, it was
Workhorse (NASDAQ:WKHS) may be still fighting back after failing to win the U.S. Postal Service (USPS) vehicle contract. But, this last ditch effort isn’t why retail investors are excited once again for WKHS stock. Instead, it’s because of its potential to get short-squeezed “to the moon.” Source: Photo from WorkHorse.com Shares in the early-stage electric
JPMorgan Chase (NYSE:JPM) stock is up 23% in 2021, nearly doubling the S&P 500’s 14% gain. Source: Daryl L / Shutterstock.com But it’s still dirt cheap, especially compared with the fintechs it’s trying to catch as if they were Pokemon. America’s biggest bank has made OpenInvest its third fintech acquisition of the year, joining 55ip
Signage is displayed outside of a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., on Monday, Sept. 19, 2016. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. WideOpenWest — The U.S. cable operator saw its stock price increase 12.3% after it announced it will
July 2021 will be a big month for Lucid Motors (NYSE:CCIV) and CCIV stock. For one, it will be listed on the Nasdaq under LCID later this month. But July of next year will be even bigger. Over the next year, Tesla (NASDAQ:TSLA) will continue to occupy itself democratizing EVs for all, while Lucid Motors will
When a company becomes the newest darling among retail traders, watch out. I actually like video-game hardware and accessories company Corsair Gaming (NASDAQ:CRSR), but its apparent popularity among Reddit users may be a warning sign for CRSR stock. Source: Rawpixel.com/Shutterstock.com Don’t get me wrong. I find it fascinating that r/WallStreetBets participants are standing up to the
The world just endured the toughest test in recent history. The pandemic was a human tragedy and business disaster of epic proportions. It’s only normal to have stocks still bare scars from it, which is the case with Carnival Cruises (NYSE:CCL) stock. Source: Ruth Peterkin / Shutterstock.com This is a stock still deep down on its luck.
Salary caps are a hot topic in sports, debated from the most casual of sports fans to the highest tiers of professional clubs. Enforcing a limit to how much a team can spend on their athletes’ salaries has been around at least since the Great Depression. For most professional sports, teams must adhere to a
In this episode, Preston and Stig talk to one of their heroes, Tony Robbins. Tony is an entrepreneur and runs multiple businesses that have sales of 6 billion a year. Tony is a New York Times Best Selling author and has personally worked with some of the most profound influences in the world. During the
http://www.zacks.com – Kevin Matras goes over a seldom talked about options strategy called Ratio Back Call Spreads. Learn how it works and how you might be able to use them.
Pedestrians walk past a Walgreens store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Didi — Shares of the Chinese ride hailing company surged more than 14% in their second day of trading, rising back above $16 per share. The stock had a muted session
Microvision (NASDAQ:MVIS) has seen its shares go on a wild ride over the past year. A penny stock for the first half of 2020, MVIS stock closed as high as $26.44 in late April. With that kind of exponential growth, of course Reddit and r/WallStreetBets were involved. Source: Shutterstock However, the Microvision story is a little
Attention Churchill Capital Corp IV (NYSE:CCIV) shareholders: now’s a good time for a low-key flex. After a painful crash from an almost $60 high, CCIV shares are finally moving in an upward direction. In fact, CCIV stock is up 18% over the past 30 days. Source: gg5795 / Shutterstock.com Social media is on fire celebrating
Editor’s Note: This article was updated on July 2, 2021, to replace the old tickers with MMAT. Suffice it to say that last year, not too many folks had heard of Torchlight Energy Resources. In 2021, however, a flurry of developments has directed traders’ attention to this little company. Where to begin? For one thing,
Before Warren Buffett and Charlie Munger became known as iconic business partners, steering the Berkshire Hathaway empire, they were just two guys from Omaha, Nebraska, who, apparently, were a lot a like. They discovered that thanks to a well-known doctor in town, Dr. Edwin Davis, who told Buffett in a 1957 meeting he trusted him