After running hot for a few weeks, excitement has cooled for Progenity (NASDAQ:PROG). Less than a month ago, it was trading for as much as $6.20 per share. But since then, PROG stock has fallen by around more than 50%, and trades for around $2.50 per share today. Source: motorolka / Shutterstock.com Is this a
Stock Market
As of Dec. 1, Block (NYSE:SQ) is the new name of the company formerly known as Square. This portends its future focus on blockchain technology including Bitcoin (CCC:BTC-USD) and the company’s focus on digital payment assets and solutions. I would expect that, just like Meta Platforms (NASDAQ:FB) (parent of Facebook) changed its name to focus on digital
Investors in Palantir Technologies (NYSE:PLTR) are having a tough go of it lately. Shares of the big data firm are down around 30% in just over a month. And since hitting an all-time high of $45 in late January, PLTR stock is down 58%. Source: Sundry Photography / Shutterstock.com However, the earliest investors in Palantir
The volatility in Lucid Motors (NASDAQ:LCID) has been increasing. That’s not too surprising given the run we’ve seen in LCID stock lately. At today’s price of $37.71, shares are up more than 130% from the Sept. 1 low. Source: ggTravelDiary / Shutterstock.com The simple fact is that Lucid has been on fire. Even as other
Jack Dorsey announced on Nov. 29 that he was stepping down as CEO of Twitter (NYSE:TWTR). TWTR stock gained 11% on the news; Dorsey also runs Square (NYSE:SQ), and CEOs running two companies generally doesn’t sit well with investors. Dorsey has a checkered past with Twitter. In 2008, the board sent him packing because his
Fast food has been a big winner in the COVID-19 pandemic. Just not hamburgers. Jack in the Box (NASDAQ:JACK) has now addressed the problem, buying Del Taco Restaurants (NASDAQ:TACO) for $575 million. It’s an all-cash deal, requiring no JACK stock. Source: LifetimeStock / Shutterstock.com But some analysts are suggesting JACK just bought more trouble. Before the
The stock market got crushed last week. Then, just as quickly as the panic arrived, it left… This week, stocks have been rebounding with a fervor, and just three days into the trading week, the S&P 500 has basically already recovered all of its losses since the omicron variant emerged on Thanksgiving and caused the
Retail investors have been conditioned to eschew traditional growth stocks in favor of the next Amazon (NASDAQ:AMZN) or Tesla (NASDAQ:TSLA). And in the historic run that the market has taken investors on, there has been no shortage of potential “next big things.” QuantumScape (NYSE:QS) is no exception. When it entered the market in late 2020, QS stock looked like
Roku (NASDAQ:ROKU) seems to be in an enviable position. It operates the most popular streaming service in the United States. But as the world began to return to some semblance of normalcy, investors sold shares of this and other pandemic plays. Since hitting an all-time high of $490.76 in late July, ROKU stock is down
In our world of data-driven everything, Clover Health (NASDAQ:CLOV) stock would seem to be a slam dunk. Through its flagship product, the Clover Assistant, the company uses artificial intelligence and predictive analysis to provide doctors with actionable patient care information that, in theory, allows them to make more informed decisions that will lead to better health outcomes.
Metaverse altcoin Decentraland (CCC:MANA-USD) went over an all-time high of $5.90 in late November. However, MANA-USD has failed to continue the rally and slumped more than 25% since that peak. Source: Lichi / Shutterstock.com Despite the recent decline, MANA has returned about 60% in the last 30 days and currently trades at $3.89. With a
Vinco Ventures (NASDAQ:BBIG) is one of the more puzzling stocks to analyze. Shares of the technology-focused acquisitions company are now changing hands for about $3. At one point, BBIG stock went as high as $12.49 a pop. The stock’s sentiment has weakened in the last few months, mainly because of a lack of operational focus
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
Digital World Acquisition (NASDAQ:DWAC) stock is back on the upswing. Digital World is a special purpose acquisition company (SPAC) that intends to merge with former President Donald Trump’s social media company, the Trump Media & Technology Group or “TMTG”. Source: Joseph Sohm / Shutterstock.com DWAC stock spiked from $10 to above $100 at one point following the
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
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
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
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
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
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
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