Food-delivery leader Doordash (NYSE:DASH) made its debut on Dec. 9 at an opening price of $192. On the same day, Doordash stock hit a record high of $195.50. Now it is flirting with $140. Put another way, in a matter of three weeks, the stock has lost about 23% of its value. Source: Sundry Photography /
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As longtime readers know, I’m exceptionally bullish on electric vehicle stocks. But not all EV stocks are created equal. And one EV company that stands out from the rest in the best way possible is Canoo (NASDAQ:GOEV), which went public through a merger with Hennessey Capital Acquisition Corp. IV (NASDAQ:HCAC). Source: nrqemi / Shutterstock.com Here’s
Not too long ago, I offered a very strong buy recommendation for next-gen, solid-state battery maker Quantumscape (NYSE:QS). At the time, QS stock was trading at $65 and change. Source: nrqemi / Shutterstock.com Five days later, the stock shot up to its all-time high price of $132.73. But to be honest, I think I got lucky
Pedestrians walk by a T-Mobile store in New York. Scott Mlyn | CNBC According to some Wall Street experts, there’s still plenty of fuel left in the tank, even after the stock market closed out the year at record highs. Strategists from Goldman Sachs predict that the S&P 500 will round out 2021 at 4,300
Voters stand in line to cast their ballots during the first day of early voting in the US Senate runoff at the Gwinnett Fairgrounds, December 14, 2020, in Atlanta, Georgia. Tami Chappell | AFP | Getty Images Apprehension about Georgia’s Senate runoff election Tuesday helped fuel a sharp New Year’s selloff, and politics could continue
Making mistakes on your tax return can cost you money. You may miss out on a larger refund than you claimed, wind up owing more taxes—plus interest and penalties—or invite an Internal Revenue Service (IRS) audit. The best defense against these results is a good offense, namely avoiding errors on your return. Key Takeaways Make
No doubt, 2020 was a banner year for SPACs. Yet that wasn’t enough to save Hyliion Holdings (NYSE:HYLN) stock. Shares in the company, previously known as Tortoise Acquisition, soared in the run-up to its merger with the hybrid truck maker. Source: nrqemi / Shutterstock.com But since September, shares have fallen from as high as $55.85
Paypal (NASDAQ:PYPL) stock suffered a minor blip, losing 5.1% in five trading days in an otherwise stellar year. Source: JHVEPhoto / Shutterstock.com The trivial loss in per-share value is attributable to the company’s purchase of BitGo, one of the country’s oldest cryptocurrency firms, falling through. In October, it was first reported that the digital payments
Short-term rental platform Airbnb (NASDAQ:ABNB) stock has recently made an impressive entrance to Wall Street. ABNB stock’s initial public offering (IPO) of Dec. 10 was one of the most widely-followed IPOs of 2020. Source: BigTunaOnline / Shutterstock.com The company initially set its opening price at $68 per share, but ABNB shares opened at $146 on
Download Stig & Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Subscribe to The Investors Podcast on iTunes: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Subscribe to The Investors Podcast on Stitcher: https://www.stitcher.com/podcast/theinvestorspodcast/the-investors-podcast?refid=stpr Subscribe to The Investors Podcast on SoundCloud: https://soundcloud.com/theinvestorspodcast Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions/ ABOUT THE EPISODE: On today’s episode we
Tax deadlines have a way of creeping up on you, so filing for a tax extension might be something you need to do. The filing deadline for your 2020 individual income tax return is Thursday, April 15, 2021. You have until that date to file and pay your federal taxes without any penalty. Filing an extension
Recently Hertz Global Holdings (OTCMKTS:HTZGQ) sold one of its subsidiaries to a private equity firm for $825 million. But don’t be lured into thinking this will be enough to get Hertz out of bankruptcy. The truth is Hertz stock is completely worthless. It has been rising lately and this might lure some into believing it
Editor’s note: This column is part of our Best Stocks for 2020 contest. John Jagerson and Wade Hansen’s pick for the contest is Disney (NYSE:DIS). “Please keep your arms and hands inside the ride at all times…2020 is going to be a tumultuous year.” Source: by InvestorPlace That is how we started our write up
If there was ever coverage on a particular company that could be classified as almost exclusively low-hanging fruit, DoorDash (NYSE:DASH) would be it. Frankly, when you peruse the blogosphere, everyone’s writing the same article: DoorDash stock enjoyed the benefits of a supercharged initial public offering but once the euphoria fades, shares will crumble. Great but
For U.S. citizens living abroad, referred to as expatriates or expats, maintaining checking and other bank accounts in the United States provides several advantages. These include the convenience of paying bills or making payments in the country and the ease of direct deposits for employment or Social Security payments. However, using these accounts while living
XpresSpa (NASDAQ:XSPA) is trying to redo its business model. It used to be an airport spa company, but Covid-19 destroyed that model. Now it’s becoming an airport Covid-19 testing company. It has already signed up a number of airports in this new model. For owners of XSPA stock, the hope is that this model will
Everyone loves a good bargain, right? Well, when the market endured that painful selloff in March, it drove down stock valuations. At the time, though, volatility was so high and there were so many unknowns that it was hard to pile into names. So, are there still cheap stocks to buy now? The short answer?
Moderna (NASDAQ:MRNA) is reaping the rewards of its successful Covid-19 vaccine, pushing MRNA stock higher and higher. It is now winning more contracts to deliver its vaccine and analysts are taking note. Source: Ascannio / Shutterstock.com And the stock has been climbing. Especially since the FDA approved its Covid-19 vaccine on Dec. 18 for emergency
What Is Insider Trading? An insider is a person who possesses either access to valuable non-public information about a corporation or ownership of stock equaling more than 10% of a firm’s equity. This makes a company’s directors and high-level executives insiders. Top 3 Most Scandalous Insider Trading Debacles Key Takeaways An insider is someone with either access to valuable
FuelCell Energy (NASDAQ:FCEL) continues to move up based on rampant speculation. I wrote earlier this month about how FCEL stock spiked over 800% in the last year based on no profits. Source: Kaca Skokanova/Shutterstock The company is still not expected to be profitable anytime soon. This means FCEL stock remains unmoored to any kind of