The mobile games platform continues to leak oil as we move into March. Skillz (NYSE:SKLZ) is down 59% in 2022. Yet the eight analysts covering SKLZ stock give it a median price target of $12, 225% higher than where it’s currently trading. Source: NYCStock / Shutterstock.com Have analysts lost their minds? Maybe. In March 2021,
Month: February 2022
ISS Expedition 64 crew member, Russian cosmonaut Sergey Ryzhikov takes part in a training session at the Yuri Gagarin Cosmonaut Training Center in Zvyozdny Gorodok [Star City], Moscow Region. Anton Novoderezhkin | TASS | Getty Images For more than two decades, the space agencies of the United States and Russia have been partners through the
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, U.S., September 14, 2021. Evelyn Hockstein | Reuters The Securities and Exchange Commission proposed new rule that would tell investors more about short sales is part
DraftKings (NASDAQ:DKNG) is still blowing through large amounts of cash flow as seen in its latest quarterly results, released on Feb. 18. As a result, if this keeps up, DKNG stock could be in for a rough time over the next year. Source: Lori Butcher/Shutterstock.com This is after the stock has already cratered. It is
Dear Quentin, I was born out of wedlock in the mid-1960s. My biological father was not listed on my original birth certificate. My birth mother died when I was a tot, and I was then adopted by my maternal grandparents. I didn’t even know the circumstances of my birth until I was a teenager. My
In this article FL COIN CNK DELL SQ TREE Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares slumped 16.1% in the premarket after the athletic apparel and shoe retailer gave a weaker-than-expected full-year profit and comparable-store sales outlook. The company cited changes in its vendor mix as
Thursday’s price action on Wall Street was truly fantastic to watch. I bet that retail investors did not feel the same way overnight coming into the session. It was a scary night of crashing markets from a whirlwind of headlines. But the indices miraculously clawed their way back up from an incredible hole. After a
Once the spin-off of Warner Discovery is done in April, AT&T (NYSE:T) stock will again be a bet on the communications business again. Source: Lester Balajadia / Shutterstock.com The problem is that this has been a bad business to be in. Since AT&T agreed to buy Time Warner in October 2016, AT&T shares are down
The introduction of the Roth IRA in 1997 presented Americans with a bold new way to save for retirement. Rather than getting an up-front tax benefit by writing off their contributions to a qualified retirement plan, workers could invest after-tax dollars and withdraw them tax free in retirement. As of 2020, 26.3 million households—slightly more
Opendoor Technologies (NASDAQ:OPEN) just released its Q4 financials on Feb. 24, including its full-year 2021 results. The home-buying company (which is now its main activity) produced losses and essentially leveraged the company. No wonder then that OPEN stock has cratered. Source: Tada Images / Shutterstock.com Moreover, it is likely to stay down as long as
In this article RSX IEV Traders on the floor of the NYSE, Feb. 22, 2022. Source: NYSE The VanEck Russia ETF fell more than 25% at one point in premarket trading on Thursday, shedding a quarter of its already depressed value after Russia invaded Ukraine. The fund was down more than 28% year to date
Bionano Genomics (NASDAQ:BNGO) is a life sciences instrumentation company focused on the genome analysis space. Its products include Saphyr, Bionano Chips, Bionano Prep Kits, and Bionano Data Solutions. Source: Dennis Diatel / Shutterstock.com The firm has discovered research about cancer, genetic diseases, and genome assembly, whereas its clinical research is about Facioscapulohumeral Muscular Dystrophy (FSHD) and
U.S. stock-market investors shook off an unprovoked Russian invasion of Ukraine to end decidedly in positive territory on Thursday. The Nasdaq Composite Index COMP, +3.34%, for example, had fallen by 3.45% at its lows of the session but clawed back to a gain of over 3%, driven higher by large-capitalization information technology stocks and notable
In this article CVNA KAR ETSY COIN BYND Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies making headlines after the bell: Beyond Meat — Shares of the alternative meat producer tumbled
Well, we may be out of the pandemic and riding the big wave of sector rotation, but few of us predicted that Russia would invade Ukraine and turn the energy market and the stock markets upside down as well. But all this may well be to NIO (NYSE:NIO) stock’s advantage. Source: xiaorui / Shutterstock.com Yes,
Real property was once transferred through a ceremonial act known as “livery of seisin” in which the person transferring the land passed a twig or clod of turf from the land to the person taking delivery of the land. A verbal and/or written contract may have accompanied the gesture, but only the “livery of seisin” legally transferred title
This is my first time writing about Asana (NYSE:ASAN). The software-as-a-service (SaaS) workflow management company operates in a competitive sector. However, Asana is holding its own on the top line. Revenue continues to show steady growth on both a quarterly and year-over-year basis. Despite that, ASAN stock is down 62% from its 52-week high of
Satellite imagery of the Chuhuiv Airbase outside of Kharkiv, Ukraine on Feb. 21, 2022. Planet Labs PBC Satellite imagery gives another perspective on the developing situation in Ukraine, as Russian troops move into the country and strikes occur in multiple Ukrainian cities. Russia launched an unprecedented invasion early on Thursday, with reports showing attacks by
Among the pandemic-era favorites, ContextLogic (NASDAQ:WISH) may be the one that’s seen the biggest reversal of fortune. Over the past year, WISH stock has cratered in price, after its e-commerce platform (Wish.com) experienced a user exodus, declining sales, and very high operating losses. Source: Ralf Liebhold / Shutterstock.com As you may know, the company has been
Crude-oil futures surged on Thursday with both the U.S. and international benchmarks jumping above $100 for the first time since 2014, as Russian troops and tanks pushed into Ukraine and airstrikes hit the country’s capital an attack on Ukraine authorized by President Vladimir Putin authorized in a televised address to his nation. Price action West Texas
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