A highly anticipated test flight from space tourism pioneer Virgin Galactic (NASDAQ:SPCE) ended prematurely this weekend after the engine of its SpaceShipTwo vehicle ‘Unity’ did not fully ignite due to a lost connection. Virgin Galactic stock — which had rallied big into the event — dropped about 15% in response to the “botched” flight. Source:
Month: December 2020
It’s not every day that you have a chance to invest in a company that might actually be in the history books someday. Virgin Galactic (NYSE:SPCE), founded by billionaire Richard Branson, is preparing for its first powered test flight, and SPCE stock traders are definitely getting excited. Source: Christopher Penler / Shutterstock.com They’re so excited, in
SpaceShipTwo “Unity” on the runway after an aborted spaceflight test on Dec. 12, 2020. Virgin Galactic Virgin Galactic’s stock fell in premarket trading on Monday after the space tourism company cut short its latest spaceflight test mid-launch on Saturday due to an engine ignition issue. “The flight did not reach space as we had been
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images The addition of Tesla into the S&P 500 at the close this Friday will be one of the biggest trading days in history, but it is
A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Pfizer, BioNTech — Shares of the drug makers fell 2% and 6% respectively, despite the Food and Drug Administration’s approval of the firms’ Covid-19
2020 was full of surprises for investors, and many of them were unpleasant. From the coronavirus bear market to a massive drop in oil prices, 2020 offered lots of ways to lose money. Given this situation, it’s unsurprising that many exchange traded funds (ETFs) also failed to perform well. Key Takeaways From the coronavirus bear
On Oct. 30, FuelCell Energy (NASDAQ:FCEL) closed at an even $2. Exactly one month later, FCEL stock closed at $10.20. Source: Kaca Skokanova/Shutterstock Even with a pullback of late, FCEL stock still has more than quadrupled in less than six weeks. Given that rally, it’s fair to ask: what’s changed? The answer, as far as
It’s safe to say this hasn’t been a great year for value investors. While names in big tech, electric vehicles (EVs) and other high-growth industries thrived in 2020, old school value stocks struggled to bounce back after March’s crash. Granted, many of these stocks have now returned to pre-pandemic levels. But, some continue to languish
We’re all ready for a new year. Source: Shutterstock And after sitting down with my InvestorPlace colleague Louis Navellier earlier this week and sharing our viewpoints on what 2021 has in store for us, we couldn’t be more excited. The future holds a lot — plenty of opportunities and dangers alike. But by putting together
Packs of 2019 Topps cards spread out across a table. Sam Rega Interest in collecting and values have seen a steady uptick for the last decade with prices really starting to rise at quicker rate somewhere around 2016 or 2017. With the onset of the pandemic at the beginning of this year, card collecting reached
Jason Kempin | Getty Images Entertainment | Getty Images Check out the companies making headlines in midday trading. Best Buy — Shares of the retailer slipped 2.4% after Goldman Sachs downgraded the stock to sell from neutral. The investment firm said in a note to clients that Best Buy is “one of the best run
Why is getting student loan help quickly so important? It’s not just the worried feeling in the pit of your stomach when you’re falling behind on your loan payments—or seeing a near-future date when you will. Miss enough payments and you could face serious consequences. Along with damage to your credit score, you could have
Retail stocks have been some of the wildest movers in this strange year. 2020 has been a very different and difficult year — as consumers, as a society and as investors. Some parts of the retail sector saw an instance boost, as consumers flooded big-box stores and grocery chains. With restaurants closed, many were forced
Despite the ravages of the novel coronavirus pandemic, major indices continue to trade near or at all-time highs. But it’s also the types of sectors that are flying that make this dichotomy incredibly perplexing. For instance, the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is nearing 40% gains year-to-date while some state eviction moratoriums are about
Mind Medicine (OTCMKTS:MMEDF) may currently trade over the counter for investors in the United States. However, thanks to a series of recent news items, MMEDF stock is on the move Friday. So what do investors need to know about the up-and-coming psychedelics play? Source: Shutterstock To start, what exactly is MindMed? Well, the biotech company
Signage is displayed outside the Campbell Soup Co. factory in Toronto, Ontario, Canada. Cole Burston | Bloomberg | Getty Images This week, Wall Street looked to Washington as lawmakers tried to reach an agreement on a coronavirus relief package before the end of the year. Both sides of the aisle appeared far from striking
People line up to receive free holiday boxes of food from the Food Bank For New York City ahead of the Thanksgiving holiday, as the global outbreak of the coronavirus disease (COVID-19) continues, in the Harlem neighborhood of New York, U.S., November 16, 2020. Brendan McDermid | Reuters The surprise jump in new jobless claims
The exchange-traded funds (ETFs) below offer diversified investment in European government bonds, with hedging in non-European countries, particularly Japan. ETFs are funds that contain many securities that usually track an underlying index, such as a bond or stock index. European government bonds tend to carry more risk than U.S. government bonds, depending on market conditions and
Without question Marathon Oil (NYSE:MRO) has taken a beating. MRO stock is off 44% year over year. Source: Casimiro PT / Shutterstock.com Just a few weeks ago … no, a few months ago … no, a few years ago — anyway, since Joe Biden’s other running mate was in the White House — investing in
Plug Power (NASDAQ:PLUG) stock zoomed from a mere $3 to $28 during the year. The last time the company posted such staggering gains was back in the dot-com boom. But of course, this was short-lived. Plug Power stock would then go into a long-term bear mode. It was horrible. Source: Alexander Kirch / Shutterstock.com So
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