Lyft (NASDAQ:LYFT) hasn’t managed to catch much of a break since its initial public offering (IPO) on March 28, 2019. Since then, Lyft stock has been repeatedly walloped to the point that it is down 40% post-IPO. But, more than a year later, has the popular ride-sharing company’s luck finally improved? Source: Tero Vesalainen /
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American Airlines (NASDAQ:AAL) is taking part in the vaccine rally. Shares of AAL stock are up more than 38% over the last 30 days. And although there’s been other news, I have to believe it’s mostly due to the hope that stems from multiple novel coronavirus vaccine candidates. Source: GagliardiPhotography / Shutterstock.com But American knows
If there’s one thing we can all agree on right now, it’s that we’re ready for 2021. Source: Shutterstock This year has been one of surprises — most of them unpleasant. It seems forever ago now, but 2020 actually got off to a great start. The Dow rose to an all-time high in the first
Prospects may be improving for pot stocks. But, this alone is hardly reason to buy Tilray (NASDAQ:TLRY). After soaring after election day, Tilray stock pulled back. And with good reason. While the incoming U.S. presidential administration wants to decriminalize marijuana, full on legalization/commercialization remains years away. Source: Jarretera / Shutterstock.com Until laws are changed on
Recent days have been tough for Nio (NYSE:NIO), but the Chinese electric vehicle company was turning things around on Thursday. In fact, NIO stock closed out regular trading up 2.75%. However, that all changed thanks to an after-hours announcement. So what do investors need to know right now? Source: Robert Way / Shutterstock.com Essentially, Nio
Time for another charging pun? It looks like it, with Blink Charging (NASDAQ:BLNK) shares powering up in the stock market today. Importantly, the move in BLNK stock follows some impressive company news, and a recent trend in charging plays. So what do you need to know right now? Source: David Tonelson/Shutterstock.com To start, investors should
After a bad start, ridesharing platform Uber (NYSE:UBER) is now selling for well above its $45 initial public offering (IPO) price. However, Lyft (NASDAQ:LYFT) — a very similar company — is yet to see its $72 IPO price. But that may be about to change for Lyft stock. Source: Tero Vesalainen / Shutterstock.com How? After
Food delivery company DoorDash’s (NYSE:DASH) Wednesday IPO saw immediate gains. Shares popped up 7% in auction as investors rushed to snap up DoorDash stock. More short-term gains look likely; speculators might want to buy the stock first and ask questions later, while the market digests the company’s unusual IPO. Source: Sundry Photography / Shutterstock.com The
In remarks at the United Nations General Assembly on September 22, Chinese President Xi Jinping declared that China would achieve CO2 emissions neutrality by 2060 and that the country’s carbon emissions would peak “before 2030.” Source: Shutterstock To be sure, China has been enthusiastically pursuing its green-energy ambitions for many years already. But when President
In case you haven’t had your fill of special purpose acquisition companies or SPAC’s, here’s one more to add to your watch list. CIIG Merger (NASDAQ:CIIC) is a shell company that’s making a move into the electric vehicle space. Consequently, CIIC stock is a red-hot item nowadays. Specifically, CIIG announced that it has reached an agreement
Seasoned investors understand that traders can get ahead of themselves sometimes, even with a great company like Starbucks (NASDAQ:SBUX). So, it’s entirely possible to like Starbucks stock for the long term while also advising prudence when its price action gets overheated. Source: Natee Meepian / Shutterstock.com Now, don’t get me wrong — if you’re looking for
Data specialist Palantir (NYSE:PLTR) is having a lucky day. This morning, investors learned that the company won a deal with the U.S. Food and Drug Administration. As a result, PLTR stock is up more than 12%. So what do investors need to know here? Source: rblfmr / Shutterstock.com According to Bloomberg, Palantir just landed a three-year
Everything was going just right for Nio (NYSE:NIO). Then, seemingly overnight the tables turned and NIO stock started falling. Now, shares are plunging once more without any major company news. So what do you need to know about NIO stock? And why is the beloved Chinese electric vehicle maker struggling? Source: Andy Feng / Shutterstock.com
Shopify (NASDAQ:SHOP) has generated a massive return for bulls this year. SHOP stock is up 165% in 2020 and 253% from the March lows. Did you miss the move? If not, congratulations. If so, don’t beat yourself up. Source: Beyond The Scene / Shutterstock.com For a quick reminder, we saw the fastest bear market in history,
Lawmakers are looking to make things a little greener in the United States, but cannabis stocks are not all taking the bait. Today, the House of Representatives voted to pass the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. As a result, Canopy Growth (NASDAQ:CGC), Tilray (NASDAQ:TLRY) and Aurora Cannabis (NYSE:ACB) are all on the move.
As Americans, we tend to love the underdog, the come-from-behind story. Perhaps that’s the subconscious reason I tried to give Nokia (NYSE:NOK) the benefit of the doubt. While the broader situation didn’t look too hot for NOK stock, especially with rivals like Ericsson (NASDAQ:ERIC) faring so much better, the Finnish telecom-equipment provider has demonstrated occasional
We’ve started the last month of this crazy year on a high note. Stocks are breaking out to new highs to end this first week of December … and investors are making a whole lot of money as a result. Source: Shutterstock In today’s new episode of MoneyLine, I dive into the market’s strength and
Shares of Cinedigm (NASDAQ:CIDM) stock are quickly rising on Friday morning after an important company announcement on Thursday. Source: Pavel Kapysh / Shutterstock.com The firm released a statement that its linear streaming channels are now available on Rad, a livestreaming platform with a diverse lineup of content for its users. It is quickly growing, and
Sit back, grab some popcorn and pay attention to the news coming out of the entertainment world. Investors who did that today likely noticed a major downward move in AMC Entertainment (NYSE:AMC) and its movie theater peers. Unfortunately for AMC stock, Thursday did not bring a happy ending. Instead, shares closed lower by nearly 16%
Splunk (NASDAQ:SPLK) news for Thursday from its third-quarter fiscal 2021 earnings report have SPLK stock taking a beating. This comes after reporting adjusted losses per share of 7 cents, which failed to reach Wall Street’s adjusted earnings per share estimate of 9 cents. Its revenue of $558.57 million also missed analysts’ estimates of $613 million.