Workhorse (NASDAQ:WKHS) has spent a lot of time in the headlines over the past year. At first, investors were thrilled. Being among the finalists for a massive U.S. Postal Service (USPS) contract lit the EV maker’s stock on fire. From February 2020 to February 2021, WKHS posted a phenomenal 1,260% gain. However, that rapid growth was
In this article ALKS Hiraman | E+ | Getty Images Company: Alkermes Plc (ALKS) Business: Alkermes is a biopharmaceutical company that researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in various therapeutic areas in the United States, Ireland, and internationally. Its marketed products include ARISTADA (aripiprazole lauroxil), an extended-release intramuscular
Sign in restaurant window. Elizabeth W. Kearley | Moment Open | Getty Images Workers are getting higher wages, but at some point that could bite into companies’ profits. As the economy reopens, costs are climbing for everything from packaging and raw materials to shipping. In addition to these expenses, companies are also paying more to
Five of the past eight trading days have ended in the red, driven by fears of inflation. Last week, the market was startled by the news that the Consumer Price Index (CPI) posted its largest month-over-month increase since 2009. Making matters worse was that CPI also had its largest year-over-year rise since 2008. Tech stocks
Virgin Galactic (NYSE:SPCE) is going on a very dangerous journey over the next 12 to 18 months. Amid multiple signs that SPCE stock could very well continue to crash during this trip, I continue to recommend that investors find a way to disembark from Virgin. Source: Christopher Penler / Shutterstock.com More specifically, past technical issues,
Since the start of May, tech stocks, including many so called “Reddit stocks,” have trended lower. The cause? Namely, fears of rising inflation. Related to this has been worries the Federal Reserve will do a 180 on its near-zero interest-rate policy. On top of this, other factors have contributed to increased uncertainty. Some have speculated
What Is a Debt Ratio? The debt ratio for a given company reveals whether or not it has loans and, if so, how its credit financing compares to its assets. It is calculated by dividing total liabilities by total assets, with higher debt ratios indicating higher degrees of debt financing. Debt ratios can be used
On today’s show, Preston Pysh talks with Lyn Alden and Jeff Booth about the status of the Bitcoin bull market. They talk about the Elon Musk FUD, and numerous other hot topics. IN THIS EPISODE, YOU’LL LEARN: – What Elon Musk’s impact will be on Bitcoin – Bitcoin energy concerns – Bitcoin centralization concerns –
Education, paper trading and live trading with low shares should be used together to acheive success in the stock market. What is Paper Trading? -Trading stocks with a fake account or with fake money -A way to practice before doing live trading How to Train: -Get as much education as possible -Begin paper trading -Do
Kevin Matras shows the right way to find great growth stocks at an excellent value. Highlighted stocks include DB, NEU, SBS and SEPR. http://www.zacks.com/research/screening/index.php
In this article BTC.CM= DOGE.CM= ETH= Heidi Gutman | CNBC Veteran investor and IAC chairman Barry Diller said Friday that he didn’t trust cryptocurrencies and believes that the digital assets are “a con.” “I watch some of the people that you have on and they talk about it – $40,000, $12,000, whatever – I think
Traders on the floor of the New York Stock Exchange. Source: NYSE The trading pattern of the past two weeks – particularly alongside cryptocurrency’s movements – suggests stocks could continue to be volatile in the week ahead. Investors are watching the wild swings in bitcoin and trying to gauge whether technology shares can gain traction
Cisco Systems (NASDAQ:CSCO) is like your favorite sports team, assuming you’re a real fan and don’t just follow whoever wins. It’s always wait until next year. Since its glory days during the dot-com era, when it was briefly the world’s most valuable company, CSCO stock has been regularly disappointing investors. It’s still about 35% below
AMC Entertainment (NYSE:AMC) has become famous for its “meme stock” presence. In other words, AMC stock and others have become the go-to short-squeeze names and have become well-known favorites among Reddit traders. Source: rblfmr/Shutterstock.com Earlier this year, we saw an incredible development. Massive short-squeezes across the board had algos, retail traders and others looking to
Oatly (NASDAQ:OTLY), the Swedish producer of oat milk, was a hit at its May 20 initial public offering (IPO). OTLY stock was priced at $17 but had its first public trade at $22.12. It then fell during the day to finish at $20.20. The shares came roaring back overnight, opening at $22.20. Source: Katrinshine /
A visual representation of digital currencies. Yuriko Nakao | Getty Images If it is not already patently obvious, and has been for a couple years, it would seem we have entertained the Crazy Town section of Crypto-Land. We have jumped the shark, crossed the Rubicon. We are over our skis and out of our minds.
Take a look at some of the biggest movers in the premarket: VF Corp (VFC) – The company behind apparel brands like North Face, Timberland and Vans posted a mixed quarter, beating top line estimates but reporting lower-than-expected per-share profit. VF said the majority of its supply chain is operational, although it has seen isolated
When fuboTV’s (NYSE:FUBO) shares rapidly broke out of its trading range last November 2020, investors should have known not to chase it. Indeed, after the Nasdaq broke down in early February, FUBO stock also entered a bearish downtrend. Source: monticello / Shutterstock.com With FUBO stock sporting a short float of almost 15% and an unsustainable
Turn on business news and chances are, you’ll find more pundits talking about how the craziness in the broader investment market will continue inching forward. But at some point, everybody has to at least start considering stocks to sell. Simply put, the arena is full of both bulls and bears. And the latter may be
With its share price stuck below $1 and no compelling long-term business case, SNDL stock investors should steer clear of Canadians cannabis producer Sundial Growers (NASDAQ:SNDL). Source: Jetacom Autofocus / Shutterstock.com A Penny Stock Fantasy Investors continuing to hold out hope that SNDL stock will again surge as high as $4 per share, as it