What names come to mind when you think of stay-at-home stocks? Upscale exercise bike maker Peloton Interactive (NASDAQ:PTON) might not be at the top of your list, but perhaps it ought to be. After all, PTON stock increased in value largely due to the home-exercise trend precipitated by the novel coronavirus. Source: JHVEPhoto / Shutterstock.com Yet
Sundial Growers (NASDAQ:SNDL) reported its third-quarter results on Nov. 11. Hidden among the various financial details was a note that the company plans to consolidate Sundial Growers stock to remain in compliance with Nasdaq listing standards. Source: Shutterstock Trading at 25 cents as I write this, it will most likely have to do a reverse
Tesla is joining the S&P 500 in December, but given the electric vehicle company’s size, adding it to the index is no easy feat, said CNBC’s Jim Cramer. “I think they’re baffled,” he said Tuesday of the index provider S&P Dow Jones Indices. “I really don’t think they know how to handle this … they
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – The retail giant earned $1.34 per share for the third quarter, compared to a consensus estimate of $1.18a share. Revenue beat forecasts as well. Walmart’s comparable-store sales also rose more than expected. The shares gained 0.8% in premarket trading as
Consumer staples products include those that consumers are unwilling or unable to cut out of their budgets, in spite of financial difficulties or economic turmoil. There have been many factors in play in recent months which have threatened financial situations across the country, including the COVID-19 pandemic and periods of heightened tension involving trade between
One of the first things a novice investor does is load up on dividend stocks. But I think it’s a wise strategy, even for experienced investors. We all should value safety and security, especially after the novel coronavirus pandemic sent the stock markets back by $5 trillion earlier this year. That’s why you see increased
If you had to pick one sector that you can rely on when things get difficult, sin stocks would represent an incredibly tempting proposition. While companies based on a cynical or even outright lurid business model are often attractive in the best of times, it’s at our worst when this sector has a powerful draw.
Solar stocks are heating up, because it has become abundantly clear on Wall Street that solar is the backbone of tomorrow’s clean energy powered world. To play this emerging solar megatrend, investors should consider charging up their portfolio with SolarEdge (NASDAQ:SEDG) stock. Source: Shutterstock In a nutshell, SolarEdge is a leading solar company that provides
For months, electric vehicle (EV) investors have eagerly anticipated the special acquisition company (SPAC) listing of Fisker (NYSE:FSR), a clean-auto company founded by famed car designer Henrik Fisker. Now those investors have been well-rewarded — FSR stock has already risen over 65% since its went public on Oct. 30. Source: Eric Broder Van Dyke /
Relativity Space’s third generation 3D-printer in its new headquarters, with CEO Tim Ellis standing by for scale. Relativity Rocket builder and 3D-printing specialist Relativity Space is raising $500 million of fresh capital in a new round being led by Tiger Global Management, people familiar with the financing told CNBC on Tuesday. The new fundraise, expected
The Wall Street Bull (The Charging Bull) is seen during Covid-19 pandemic in New York, on May 26, 2020. Tayfun Coskun | Anadolu Agency via Getty Images Money is pouring into stocks through exchange-traded funds. You can thank the potential vaccines. Money is pouring in because U.S. investors who have been reluctant to put money
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Tesla — Tesla shares rallied nearly 10% after S&P Dow Jones Indices said it would add the electric car
Telecommunications companies use various technologies to transmit information globally. Some of the largest companies in the telecommunications sector provide fixed-line telephone and wireless services, as well as Internet data and video communications. The telecommunications sector is changing rapidly. Traditional technologies such as wireline telephone, radio, and television once dominated the telecommunications universe, but wireless mobile
Hexo Corp. (NYSE:HEXO) has fallen substantially since my article in August 2019 on the stock. HEXO stock has lost over $700 million in market value in that period, falling from $1.1 billion to $360 million over that period. Source: Shutterstock That’s the sign of a loser stock and unimaginative management that don’t understand how markets
Yet, through a reverse merger with special purpose acquisition company (SPAC) Social Capital Hedosophia Holdings II (NYSE:IPOB), traders can now take a stake in Opendoor through a long position in IPOB stock. Source: Shutterstock Real estate, reinvented. That’s what real estate technology services firm Opendoor envisions for the future, but it wasn’t tradable until recently. I
Less than two months into life as a public company, Palantir Technologies (NYSE:PLTR) is proving investors love the shiny new object when it comes to data infrastructure and technology fare. PLTR stock is already up nearly 68% since its Sept. 30 initial public offering (IPO). Source: Sundry Photography / Shutterstock.com Colorado-based Palantir is classified as
Jay Clayton, who has led the Securities and Exchange Commission for the past three and a half years that included a number of major changes in financial markets, said Monday he will step down at the end of the year. “Working alongside the incredibly talented and driven women and men of the SEC has been
Traders work the floor of the New York Stock Exchange. NYSE FANG may be lagging, but don’t count technology stocks out. Positive news on vaccines has spurred buying in cyclical stocks that should do well when the economy is running at full speed again. Last week, tech stocks, and high-flying FANG names, sold off after
If you have an asset, you can probably get a loan against it. Your paycheck, your tax return, your home, your 401(k), and, yes, even your pension if you’re one of the relatively few people who still have one. If you’ve never heard of a pension advance, consider yourself lucky. They’re also called pension sales,
I’ll admit to knowing nothing about Ever-Glory International (NASDAQ:EVK), a China-based apparel manufacturer and retailer, before I conducted research for this column. But I knew there had to be something about EVK stock that was drawing the attention of our readers. A quick glance shows some significant price action and a surge of trading volume