Stocks to sell

The day after earnings, SoFi Technologies (NASDAQ:SOFI) opened just shy of $13. In the two weeks since, it’s tumbled to $8 for a roughly -40% thrashing. Such a move in a year would be terrible. We just saw it in nine trading days. And now, SOFI stock is in the single digits for the first

PayPal (NASDAQ:PYPL) stock hasn’t had a good start to 2022 despite maintaining consistent revenue growth. Source: JHVEPhoto / Shutterstock.com The company has lost 60% of its value since last year, falling from around $300 to near-52-week lows of $97. Several tech stocks have suffered due to inflation, a tech sell-off and concerns about the Russia-Ukraine

The omicron Covid-19 variant has taken its toll on cruise stocks. The three cruise ship giants in Royal Caribbean (NYSE:RCL), Carnival (NYSE:CCL), and Norwegian Cruise Line (NYSE:NCLH) have all seen their shares tumble in recent days. Adding to their woes, the Centers for Disease Control came out with a warning to “avoid cruise travel, regardless

Imagine that on Oct. 18, 2021, you had an epiphany to buy shares of Bakkt Holdings (NYSE:BKKT) and keep them for about two weeks. On Nov. 1, 2021, you had the best idea ever, at least for 2021. At some point, you checked your trading account, and you could not believe your eyes! Your BKKT

There are many lessons to be learned from the harrowing tale of Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Unfortunately, some investors won’t learn these lessons and will attempt an ill-fated rescue mission with DIDI stock. Source: Piotr Swat / Shutterstock.com Truly, there’s no better time than the present to abandon hope with this once-hailed company. The

Despite some overhyped daily gains, Virgin Galactic (NYSE:SPCE) stock is going nowhere. Source: Brian Friedman / Shutterstock.com The space plane company was initially forged through a special purpose acquisition company (SPAC). It went public as Virgin Galactic in late 2019. Although SPCE stock saw some success during its debut, it has since made a round

Tilray (NASDAQ:TLRY), the Canadian cannabis company, seems to have lost a good deal of its gusto. TLRY stock ended 2020 at $8.26 and then peaked early in 2021 at $63.91 on Feb. 10. But by the end of 2021, it was lower than where it started by closing at $7.03 on Dec. 31. That’s a

Many stocks popular with investors early last year have fallen out of favor in recent months. But few to the level seen with ContextLogic (NASDAQ:WISH). Once trading for as much as $32.85 per share, WISH stock now changes hands for around $2.7 per share. That’s a more than 91% drop from its all-time high. Source: sdx15

The other day, I read a blurb from Short Squeez about Joe Rogan, the one-man media empire. It immediately occurred to me that the good folks at Digital World Acquisition Corp. (NASDAQ:DWAC) ought to have hitched DWAC stock to Rogan rather than the permanently bent former President. Source: Dmitry Demidovich/ShutterStock.com I continue to shake my

Teladoc (NYSE:TDOC) was one of the tech industry’s biggest high-profile losers in 2021. TDOC stock lost more than half its value for the year. In 2020, the company had enjoyed strong tailwinds as clients sought remote medical appointments. In 2021, though, much of this demand abated. Meanwhile, the tide went out on stocks that had

Enphase (NASDAQ:ENPH) has a very strong business and multiple, powerful positive catalysts. Overall, the company’s outlook is superb. However, its stock on the other hand, is another matter. ENPH stock is overvalued and unlikely to perform very well in 2022. Source: IgorGolovniov / Shutterstock.com Additionally, I believe that other equities in the solar-energy sector are

Investing in initial public offerings (IPOs) can be fun and profitable if you pick the right ones. Nevada-based Society Pass (NASDAQ:SOPA) just had its IPO in November of 2021, and SOPA stock is tradable today on the Nasdaq exchange. Source: Shutterstock Society Pass describes itself as a “leading Southeast Asian data-driven loyalty platform.” The company has over

Canadian marijuana producer Tilray (NASDAQ:TLRY) became the largest cannabis producer in terms of revenue after its merger with Aphria last year. With such a massive development, many thought that TLRY stock would have zoomed to new heights. However, it has shed around 60% of its value in the past six months. Source: Jarretera / Shutterstock.com

Zillow Group (NASDAQ:ZG) is a prime example of how badly things can go when you believe overconfidence can make up for poor execution. At least, that’s the takeaway from the real estate listing platform’s failed attempt to dominate the iBuyer business. Unfortunately, it’s not management that’s paying the price. Instead, that would be the investors who

A few weeks back, I broke down the pros and cons of buying ContextLogic (NASDAQ:WISH) as it sits at fire-sale prices. The verdict? Investors were not wrong in sending WISH stock, a one-time meme stock favorite and busted growth story, from as much as $32.85 per share to around $3 per share. Furthermore, I opined there

Affirm Holdings (NASDAQ:AFRM) stock is down 26% in the last month. The market’s honeymoon with Buy Now, Pay Later (BNPL) is over. Source: Piotr Swat / Shutterstock.com Many finance and tech stocks fell in December. Affirm failed to bounce back in the market’s comeback. It’s trading today at around $101 per share with a market

Many had hoped that the retail trading frenzy and the strategic shift toward eCommerce would breathe new life into Naked Brands (NASDAQ:NAKD) stock. However, in a bizarre turn of events, the intimate-apparel company is pivoting toward commercial electric vehicle (EV) technology. Though it’s a fascinating prospect for the company, it comes with plenty of risks,

Sometimes one of the biggest clues you can get as an investor is to examine what company insiders are doing with their stocks. After all, if the CEO doesn’t have confidence that the company’s shares will hold value, why should you? That brings us to the unfortunate tale of ContextLogic (NASDAQ:WISH) stock Source: sdx15 /

Progenity (NASDAQ:PROG) is a clinical-stage biotech company. PROG stock completed its initial public offering (IPO) in 2020 at $15 per share. Source: Mongkolchon Akesin / Shutterstock.com The company would suffer a rapid and complete fall from grace, however. At the time of the IPO, Progenity aimed to be a molecular research company and had actual

There were both positive and negative aspects of GameStop (NYSE:GME) stock and its third-quarter earnings report. Source: quietbits / Shutterstock.com On the positive side, I think that the company is taking multiple steps that will move it closer to its goal of becoming an e-commerce giant, and the retailer was able to generate significant year-over-year