Now down to the mid-$20s per share, if you don’t own it yet, you may have an urge to “buy the dip” with Lucid Group (NASDAQ:LCID). After all, the EV maker is charging ahead with its production ramp-up plans. A speedy recovery for LCID stock is just around the corner, right? Source: T. Schneider / Shutterstock
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Netflix has another relatively light lineup of new releases in March, though it will feature the return of one of its most popular series. That would be Season 2 of “Bridgerton” (March 25), the steamy Shondaland romantic drama set in Regency-era England. Netflix says Season 1 was its most-watched English-language series ever in its first
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,
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
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
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
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
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
fuboTV (NASDAQ:FUBO) released its fourth quarter and full-year 2021 earnings on Feb. 23 as well as new guidance for this quarter Q1 2022. As a result, FUBO stock looks like it has a chance of recovering from its steep dive recently. Source: monticello / Shutterstock.com For example, in the last three and a half months
Bitcoin plunged 8% on Wednesday night to as low as $34,778, the lowest level since Jan. 24, as Russian President Vladimir Putin announced a military operation in Ukraine. The cryptocurrency BTCUSD, -6.94% was recently trading at around $34,915, down about 49% from its all-time high in November. Ethereum ETHUSD, -9.15% also tumbled to near its
After the recent Microsoft (NASDAQ:MSFT) deal announcement, Activision Blizzard (NASDAQ:ATVI) stockholders should’ve breathed a sigh of relief. The past few months have been terrible for Activision Blizzard. Corporate scandals and delays in some of its major gaming titles have haunted the company. To make matters worse, its active user base growth has slowed over the
The man who fought a notorious decade-long legal battle for the rights to the Sex.com domain is engaged in a new fight that is becoming just as offbeat: The right to decide how much the Apple Inc. campus is worth. Former tech executive Gary Kremen has waged an aggressive campaign for assessor of Santa Clara
Once again, I’ll admit I’ve called it wrong on AMC Entertainment (NYSE:AMC). In my last article on AMC stock, I argued why shares, tumbling lower due to the January sell-off, were likely to hit single-digit prices next. Source: Helen89 / Shutterstock.com Of course, that didn’t happen. Instead, for the past month, the popular meme stock has
The numbers: The S&P CoreLogic Case-Shiller 20-city price index posted a 18.6% year-over-year gain in December, up slightly from 18.3% the previous month. On a monthly basis, the index increased 1.5% between November and December. Meanwhile, the Case-Shiller national home price index demonstrated 18.8% growth between 2020 and 2021 in December, in line with November’s reading. “This
On Feb. 1, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) announced that its board approved a stock split that would see shareholders receive 20 shares of GOOG stock for every share currently held. Alphabet’s shares jumped on the news. Source: turtix / Shutterstock.com While there have been several high-profile stock splits in recent years, it is hard to know
The numbers: The U.S. economy accelerated in February as omicron waned and government restrictions were lifted, a pair of surveys showed, but businesses increases prices at the fastest pace on record as inflation got worse. A “flash” index of service-oriented companies jumped to 57.5 this month from an 18-month low of 51.1 in January, IHS
AMC Entertainment (NYSE:AMC) is scheduled to release its fourth-quarter (Dec. 31) earnings after the market closes on Tuesday, March 1. The results should showcase the company’s continuing turnaround in revenue and earnings improvement. As a result, AMC stock has a good chance of making a comeback from its recent declines. Source: QualityHD / Shutterstock.com In
U.S. stock-index futures were headed sharply lower Monday evening as Russian President Vladimir Putin ordered the deployment of troops to separatist areas within Ukraine, after recognizing their independence, a move that some fear puts Ukraine and Russia one step closer to military conflict. Markets in the U.S. were closed in observance of Presidents Day and trade on
Canadian cannabis company Sundial Growers (NASDAQ:SNDL) has been a disappointment to investors for much of its time as a publicly traded company. SNDL stock crashed in 2019 shortly after going public, as the company’s initial go-to-market strategy failed. Source: Postmodern Studio / Shutterstock.com Reddit traders found Sundial in early 2021, with shares spiking 725% to
The week kicked off with losses for London on Monday, as an increasingly downbeat geopolitical mood driving the U.K. index lower. The FTSE 100 index UKX, -0.67% dipped 0.2% to 7,407, which was better than bigger drops seen on the continent, where the Stoxx 600 SXXP, -1.51% was off 0.7%. U.S. stock futures also fell