Source: Tero Vesalainen / Shutterstock.com Ride-hailing and delivery company Lyft (NASDAQ:LYFT) continues to disappoint investors on multiple fronts. LYFT stock is down 63% year to date and trading 78% below its initial public offering (IPO) price of $72 per share from March 2019. Currently, shares sit just above their all-time low. The San Francisco-based company
Stocks to sell
Potential investors in AMC Entertainment (NYSE:AMC) stock looking for opinions that support buying aren’t going to get that from me. That’s because the stock is simply a bet that a short-term catalyst can ignite a short squeeze, triggering quick gains. Predicting that is exceptionally difficult. Therefore, investing in AMC is more likely to result in
Snap (NYSE:SNAP) couldn’t have had a worse year in its business history. SNAP stock crashed after the warning about the business outlook and has dropped more than 40% since then. The stock is down more than 70% in the past six months and I believe the downward streak will continue. SNAP stock is currently trading
Miami-headquartered cruise operator Carnival (NYSE:CCL) is famous on multiple continents for providing fun getaways. But there’s nothing fun about holding CCL stock through a drawdown, and investors should prepare for choppy waters ahead. It’s been over two years since the Covid-19 pandemic came to the U.S. and wreaked havoc on the nation’s businesses. Among the
Lyft (LYFT) hasn’t lived up to its promise and prices aren’t going to improve for passengers. Losses are a major concern but reality suggests Lyft can’t combat the lack of profitability. The rideshare concept is proving to benefit neither drivers nor passengers. Investors should be very wary of Lyft (NASDAQ:LYFT) stock as it reaches new
For a company that’s supposed to be bought out, Twitter (NYSE:TWTR) stock surely doesn’t trade like that’s the case. In fact, TWTR stock is 26.5% below its deal price. Currently trading below $40, the stock is below the pre-takeover rumors that sent it bursting higher in April. Last month, we reported on the possibility that
Blue-chip stocks are securities issued by large companies that have a good reputation and reliable track record of delivering value to shareholders. Blue-chip companies are typically well run going concerns that are financially fit and have operated for many years while issuing strong earnings results, but there are some blue-chip stocks to sell that have
What will it take to turn around the price of Spotify (NYSE:SPOT) stock? The music streaming giant has seen its stock fall 53% through five months of the year to trade at $110 at the start of June 7. SPOT stock is now 64% below its 52-week high of $305.60. The share price collapsed 33%
SNAP (NYSE:SNAP) stock caught investors, analysts and the stock markets off-guard when it pre-announced weakness ahead. In its SEC filing, the company warned markets that it expects a shortfall in its second-quarter results. Revenue and EBITDA are drastically lower than the guidance issued just a month ago. SNAP stock plunged after the lowered outlook. SNAP
In May, PayPal (NASDAQ:PYPL) stock, with its pandemic tailwinds in the rearview mirror, fell to price levels not seen since 2018. But since then, over the past few weeks, it’s been trending higher, climbing back to the high-$80s per share. With this, you may think it “bottomed out” at its multi-year low of $71.84 per
PayPal (NASDAQ:PYPL), a leading digital payments processor, has been making its shareholders unhappy in 2022 as PYPL stock has declined year-to-date by 54%. If you’re a contrarian investor, you might now be thinking that PYPL stock could be a buy now. Here are three reasons why that’s not a good idea. PYPL Stock and the
With the speculative mania of 2020 and 2021 now a distant memory, many penny stocks that surged have all but given back their gains. Along with this, many former high-fliers have joined them, as members of the penny stock club. Once trading at lofty levels, these names now command more modest prices. In some situations,
After giving back most of its gains from the pandemic era, you may be wondering whether Plug Power (NASDAQ:PLUG) is ripe for a comeback. In fact, you may be wondering whether the recent performance of PLUG stock is a sign that a comeback is already in motion. In early May, shares in the hydrogen fuel
AMC Entertainment (NYSE:AMC) stock had quite the Memorial Day weekend at the box office thanks to Tom Cruise’s revival of the Top Gun franchise 36 years after the original first appeared in theaters. According to the company, out of nearly 4 million tickets sold over the holiday weekend at its theaters, 3.3 million were for
How low can Tesla (NASDAQ:TSLA) stock go? Source: Ivan Marc / Shutterstock.com So far in 2022, TSLA stock has pulled back nearly 40% to $724 and change per share. The stock is well below its 52-week high of $1,243.49. The company is facing a number of issues that are weighing on both its future prospects
Since their debut in April 2021, it’s been all downhill for shares in UiPath (NYSE:PATH). Going public at $56 per share, PATH stock today trades for around one-third of this amount. But while this automation software play is trading at a fraction of its IPO price, that doesn’t mean the stock is a bargain. It
One of the worst ways to try to catch a big move in the stock market is to get carried away by news like institutional investors supporting beaten-down stocks like Robinhood Markets (NASDAQ:HOOD). Institutional investors know that when their investments moves are made public, retail investors will mimic them. So, they will push stock prices
The stock market is now highly volatile and investors still fear that the Federal Reserve rate hikes could result in a recession. However, even in the best-case scenario, some stocks remain overvalued. These overvalued stocks will likely face a sharp decline during a market crash. Multiple stocks have already gone through a correction. However, there
Source: Shutterstock Cannabis stocks have experienced significant growth in the past few months. However, this trend came to an end in the last few weeks when the stocks of many cannabis companies started to plummet. Unfortunately, HEXO (NASDAQ:HEXO) stock is not an exception in this regard. Following a string of unfortunate events, the Canadian cannabis
These six sucker stocks may look like bargains right now, as they have all recently fallen quite dramatically. However, their underlying problems or simply the fact that they have apparent problems could wear away at their stock prices over the long term. In some cases, the stock may have issued a profit warning. And in
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