In this article MDP CTXS APP LEVI TWTR RKLB An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: Levi Strauss &
It seemed natural for shares of Chinese electric vehicle maker Nio (NYSE:NIO) to correct after surging from $2.11 in March 2020 to a high just below $67 in January — a gain of more than 3,000% in less than 10 months. Additionally, factors like the chip shortage and regulatory headwinds in China negatively impacted investor
SmileDirectClub (NASDAQ:SDC) is all about straightening teeth using a telehealth approach by selling its teeth aligners directly online. But after looking at the company’s lousy Q2 earnings release, there wasn’t much to smile about. In effect, SDC stock will likely tread water until SmileDirectClub becomes profitable. Source: Thamyris Salgueiro / Shutterstock.com This is nothing new
Greenidge Generation Holdings Inc. (NASDAQ:GREE) recently went public via a reverse merger on Sept. 15. Ever since then, GREE stock has lost more than 50% of its price. It currently trades around $25. Source: Shutterstock The reverse merger gave shareholders 115 shares of GREE stock for every 1,000 shares of Support.com stock they held. On
Camber Energy Inc. shares jumped more than 30% in after-hours trading Wednesday, after the energy company disclosed it has no plans for a reverse stock split after a volatile couple of weeks of trading. In a filing with the Securities and Exchange Commission after the market closed Wednesday, the oil-and-gas company said that a sudden
Boeing’s Starliner capsule sits on to an Atlas V rocket on the launchpad before the launch of the OFT-2 mission. United Launch Alliance NASA moved a pair of astronauts off Boeing’s first two crewed missions to a SpaceX mission next year, in a rare reassignment as the aerospace giant’s Starliner capsule remains delayed in development.
Facebook Inc. (FB), the world’s largest social networking website, was founded by CEO Mark Zuckerberg and several Harvard College roommates in 2004. The company’s name initially was FaceMash, which was changed to TheFacebook, eventually dropping “The” from its name to become, simply, Facebook. Zuckerberg and his co-founders initially launched the service for their Harvard classmates,
Take a look at some of the biggest movers in the premarket: Lordstown Motors (RIDE) – The electric truck maker was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes that the recently announced sale of Lordstown’s Ohio plant to Foxconn values the plant at less than a fifth of prior estimates. Lordstown tumbled
Greenidge Generation Holdings (NASDAQ:GREE) is a player in the Bitcoin (CCC:BTC-USD) mining industry that came to my attention recently. The company listed on the Nasdaq exchange through a merger with meme favorite Support.com. The merger news may have been a disappointment with Reddit traders hoping to take what was SPRT stock “to the moon”. Source:
Upstart (NASDAQ:UPST) is a new firm going after the mortgage origination market. It completed its initial public offering (IPO) at $20 in December. Since then, UPST stock has rallied more than 1,300%. Source: Shutterstock Those drawn to the name likely think Upstart is going to remake the mortgage industry. It had better, given the now
On any given day, InvestorPlace could have several articles on the same stock but with quite different outlooks. So it is with the suggestion, from early September, from Faizan Farooque that ContextLogic (NASDAQ:WISH) has all the makings of a multi-bagger. He believes investors should buy WISH stock on the dips. Source: sdx15 / Shutterstock.com Divergent opinions
U.S. stock futures tumbled on Wednesday, with notable pressure ahead for the technology sector and rising bond yields in focus, while investors also waited for private-sector payrolls data. How are stock-index futures trading? Dow Jones Industrial Average futures YM00, -0.99% fell over 300 points, or 1%, to 33,833 S&P 500 futures ES00, -1.17% dropped 1.2%
David McDonough, founder and CEO of Commonstock Commonstock A new social network is betting that enthusiastic retail traders are here to stay and that they want more transparency than what’s offered on Reddit. Commonstock is a social media platform for talking about trades and financial markets. It features a Twitter-like news feed, with users ranking
Editor’s note: Below you’ll find the week 58 release of the NYC Recovery Index, originally published September 28, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index experienced a slight increase the week of Sept. 18, rising from an overall score of 71 to 72 after falling
In this article SWX NKE NFLX Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading. Facebook, Amazon, Apple – Shares of major technology companies led Tuesday’s market rebound. Facebook shares rose
They call it FUD: fear, uncertainty and doubt. Based in China, ride-hailing giant Didi Global (NYSE:DIDI) has its fair share of problems, I’ll admit. But there’s also plenty of FUD surrounding DIDI stock. Source: Piotr Swat / Shutterstock.com For example, reports recently circulated claiming that China’s Beijing city government advised state-owned companies to invest in the
One of the most important traits for any investor, business executive or marketer is the ability to identify their target audiences and see things from the latter’s point of view. I believe those who are bullish on Ocugen (NASDAQ:OCGN) stock are failing to do that. OCGN stock has made headlines thanks to the company’s Covid-19
A very popular term in business is disruption, or causing a radical change through innovation. Hippo Holdings (NYSE:HIPO) is a digital homeowners insurance provider that went public in August. Potential HIPO stock investors wonder if this insurance provider will disrupt the insurance market. Source: TDKvisuals / Shutterstock.com It seems to me that HIPO stock lacks
Palantir Technologies Inc. PLTR, +0.17% shares rallied in the extended session Tuesday after the data-software company said it was selected for a U.S. Army intelligence program contract. Palantir shares surged more than 10% after hours, following a 0.2% rise to close at $23.21. The company said it won a $823 million contract to provide the Army
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Tuesday announced a sizeable stake in Southwest Gas, and the activist investor is pushing the Las Vegas-based utility company to drop its rumored acquisition of natural gas company Questar Pipeline.