Even before the news broke on Monday that Lucid Group (NASDAQ:LCID) had received a subpoena from the SEC regarding its SPAC deal, it was clear that investors were using December to take a healthy break from the electric vehicle space. Source: Around the World Photos / Shutterstock.com Closing out last Friday, LCID stock was down
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We receive a lot of questions by email, and we can’t possibly respond to all of them. We do use the emails to produce new columns based on the general questions. Occasionally an email presents a specific situation that we’ll address in a column by itself. Today is just such a column. Dear MarketWatch, My
When much of our culture is now determined by the efforts of “community,” the historic price movement behind GameStop (NYSE:GME) isn’t that surprising. In fact, you could say it was just a matter of time before retail investors realized the power they could have over a stock. At one point this year, this power took GME
Rep. Devin Nunes will retire from Congress to take over as chief executive at Donald Trump’s new social media company. In a statement late Thursday, Trump Media & Technology Group said the California Republican will join the company in January. Nunes also emailed his constituents Thursday, saying: “Recently, I was presented with a new opportunity
I may have called it one ahead of time. But now, after it’s slipped below $5 per share, Clover Health (NASDAQ:CLOV) is officially a penny stock. Sure, this label says little about the prospects for CLOV stock, or its underlying business. Yet there is one key takeaway. The hope and hype surrounding this online-based provider
U.S. stock futures were mixed on Monday, as investors digested the latest news on the spread of the coronavirus and prepared for new inflation data later in the week. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.33% rose 91 points, or 0.3%, to 34658 Futures on the S&P 500 ES00, -0.01% were
It’s safe to say that Germany-based Sono Group (NASDAQ:SEV) isn’t your typical electric vehicle manufacturer, and SEV stock isn’t a run-of-the-mill investment. Indeed, it requires a bold, long-term vision to believe in this company and stock. Source: nrqemi / Shutterstock.com Not long ago, InvestorPlace contributor Luke Lango asked a crucial question: could Sono Group’s flagship vehicle, the
Dear Quentin, My wife and I have struggled for years financially. She is disabled, and I’m the main source of income for our family. I’m 59 years old, and my wife is 58 years old. During the 2008 housing crisis, things got worse and we lost our home. We lived three years in an apartment
The pandemic had brought our lives to a standstill. Thankfully, the vaccines are effective against it and have worked as a light at the end of a dark tunnel. But the new Covid variant has brought back the anxiety and stress associated with the pandemic. The World Health Organization has called it a “variant of
FRANKFURT, Germany (Project Syndicate)—Many countries are reporting their highest rates of inflation in decades: 6.2% in the United States, 4.2% in the United Kingdom, 5.2% in Germany, and above 4% in the eurozone. Some insist that it is a temporary phenomenon; others fear that we must brace ourselves for an extended period of significant price increases driven by expansionary monetary policies and rising
DraftKings (NASDAQ:DKNG) has been tumbling since it reached a recent peak closing price on Sept. 9. at $63.67 per share. At $31.21 as of Dec. 2, DKNG stock is now down more than 50% since then. Moreover, since peaking at $71.98 on March 19, the stock is now down 57%. Source: Lori Butcher / Shutterstock.com
Paging Chico Marx. “Who are you gonna believe—me or your own eyes?,” the comedian famously asked in “Duck Soup.” And we investors are facing a similar challenge from the experts and regulators who are here to look after us. Today’s topic is the famously crazy “3X” retirement portfolio that we are repeatedly told we Must
Opendoor Technologies Inc. (NASDAQ:OPEN) operates a digital platform for residential real estate in the United States, enabling consumers to buy and sell a home online. On Nov. 11, I highlighted what Zillow Group (NASDAQ:Z) backing out of the home-flipping business means for OPEN stock. Source: Tada Images / Shutterstock.com At the time, I expressed my
DocuSign Inc. emerged as a hot pandemic stock play last year as it benefited from the need for digital contract tools, but the company lost more than 40% of its valuation Friday after suggesting the pandemic-induced demand boom is waning. Shares of DocuSign DOCU, -42.22% fell 42.2% Friday, by far their steepest single-day percentage decline
To call Senseonics Holdings (NYSEAMERICAN:SENS) a penny stock isn’t to say it sells for a penny. The phrase refers to any stock with a low price and low market capitalization, and SENS stock currently goes for about $2.70 per share. Such stocks are always speculative, and the low market cap makes them easy for investors
Eli Lilly & Co.’s LLY, -0.93% monoclonal antibody drug has been cleared for emergency use in children under the age of 12, the Food and Drug Administration said on Friday. The authorization is the first for an antibody drug to treat young children, including newborns, who have tested positive for COVID-19 or been exposed to
After an extended period of consolidation, Lucid (NASDAQ:LCID) stock has surged strongly in the last month. During this period, the stock has nearly doubled. Source: ggTravelDiary / Shutterstock.com Unlike the rally prior to the company’s merger with its SPAC , the recent gains have not been based on speculation. However, it would make sense to
U.S. stock futures traded flat to lower on Friday, as investors awaited November jobs data, at the end of a volatile week driven by headlines over the omicron coronavirus variant and hawkish comments from Federal Reserve Chair Jerome Powell. How are stock-index futures trading? S&P 500 futures ES00, -0.21% slipped 0.1% to 4,569 Dow Jones
Following an early initial public offering (IPO) state of bliss, the Chinese ride-hailing and delivery group DiDi Global (NYSE:DIDI) has left its investors with little cheer. On June 30, DIDI stock made a historical public debut, the second-biggest U.S. IPO by a Chinese company after Alibaba (NYSE:BABA). Source: DANIEL CONSTANTE / Shutterstock.com DIDI stock started trading
U.S. stocks rebounded Dec. 2 with a bounce into the close from a widespread wipeout the day before. Investors were eager to buy the dip, as you can see from the list below. On Dec. 2, the Dow Jones Industrial Average DJIA, +1.82% rose 1.8%, reversing its 1.3% slide the previous day. The benchmark S&P