Stock Market

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 
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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
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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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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
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At its $69.89 peak, investors’ confidence in Jumia Technologies (NYSE:JMIA) also reached its highest point. The euphoria ended when the Nasdaq sank well below its February 2021 highs. JMIA stock fell steadily throughout the rest of the year. There’s a good chance that Jumia will fall further even though it’s trading close to its 52-week
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GameStop (NYSE:GME) shot “to the moon” during the meme stock trading frenzy of early 2021. However, the gravity of the company’s weak business growth outlook and persistently poor earnings could continue to pull GME stock back to Earth. Source: Emil O / Shutterstock.com Interestingly, though, a new vision could also rescue GME stock from this imminent
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The euphoria for cryptocurrency reached an intermediary peak in mid-November, lifting Marathon Digital (NASDAQ:MARA) stock to a high of $83.45. Momentum dropped quickly in the days that followed. Source: Shutterstock The company disclosed a Securities and Exchange subpoena on Nov. 15, and Marathon Digital dropped by more than 20%. MARA stock found support at its
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Up until two weeks ago, SoFi Technologies (NASDAQ:SOFI) stock was on a tear. Source: rafapress / Shutterstock.com After getting knocked back below $15 per share following its successful SPAC rollout, SOFI stock went on a strong run between late August and early November, delivering of strong quarterly results. The fintech company was also boosted by reduced
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GameStop (NYSE:GME) has been one of the year’s most amazing stories. Coming into 2021, GameStop appeared to be a nearly bankrupt video game retailer stuck in a death spiral. However, thanks to social media activism, GME stock flew to the moon in January. Source: rblfmr/Shutterstock.com Management used that opportunity to issue stock and raise sufficient
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The special purpose acquisition company (SPAC) bubble has come and gone. But investors are still keeping an eye on high-profile blank-check company mergers. One, in particular, that’s been getting attention is the proposed deal between SilverBox Engaged Merger (NASDAQ:SBEA) and Black Rifle Coffee. On the day of the announcement, SBEA stock briefly skyrocketed in price from
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After the onset of the Covid-19 pandemic, cloud-based e-commerce platform Shopify (NYSE:SHOP) entered into a boom phase of epic proportions. As a result, anyone who happened to own SHOP stock enjoyed a spectacular return on his or her investment. Source: Beyond The Scene / Shutterstock.com Unlike some other e-commerce companies, Shopify is seller-focused: the company offers
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