Late last month, virtual healthcare company Teladoc Health (TDOC) experienced a post-earnings plunge. Despite the big drop, a recovery will prove difficult. With the prognosis unchanged, though, steer clear of TDOC stock. Source: Postmodern Studio / Shutterstock.com Like many pandemic-era favorites, the situation has gone from bad to worse when it comes to shares of
Ever since listing, there were doubts on the valuation that Robinhood (NASDAQ:HOOD) stock commanded. After an initial spike, HOOD stock has remained in a downtrend. Several factors have contributed to the massive selling in the last six-months with the stock plunging by 75% during this period. I must admit that I didn’t expect HOOD stock
These days, it seems like everyone is running away from the market as stocks crash ever lower. That is, everyone except for the “smart money” — company insiders. I’m talking corporate CEOs, COOs, CFOs, CTOs, board members, VPs, big hedge funds. Insiders are running at breakneck speed toward the market crash right now. Indeed, just
Several SPAC mergers could be abandoned this year, with these three at particular risk. Riley Principal 150 Merger Corp (NASDAQ:BRPM): FaZe Clan’s poor liquidity and missed targets could make investors develop cold feet as the SPAC merger deal progresses. Digital World Acquisition Corp (NASDAQ:DWAC): Former President Donald Trump-related Truth Social platform’s launch faced challenges, regulatory
The entire EV market is getting a boost today. From Rivian (NASDAQ:RIVN) to Tesla (NASDAQ:TSLA) to Lucid (NASDAQ:LCID), risk-on sentiment finally appears to be taking hold this Friday. Among the major electric vehicle (EV) makers that are seeing impressive increases, Lucid is a leader. On Friday, LCID stock soared more than 16% around noon EST as investors returned to
Marijuana stocks have not delivered the returns investors had hoped for, but with a growing number of cannabis stocks turning a profit, interest in the industry could pop in 2022. Innovative Industrial Properties (IIPR) — With potential 102.78% upside, this cannabis-exposed REIT is expected to increase profit margins this year and is a great hedge against
U.S. Stock Exchanges in the U.S. Stock exchanges are marketplaces in which U.S. financial securities, commodities, derivatives and other financial instruments are traded. While in the past, traders and brokers used to meet physically in a stock exchange building to trade stocks, now most of the financial trading happens electronically and automatically. Still, each exchange
In this article ZI COST CI COUR GDOT Megan Leonhardt | CNBC Friday’s rally gave investors a bit of respite from the latest bout of stock market tumult, but more volatility is likely ahead. It doesn’t help that inflation continues to bite, and the Federal Reserve’s move to raise rates has created further uncertainty. Wall
In this article COIN SOFI RBLX U EA The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Check out the companies making headlines after the bell: Coinbase — Shares sunk
Traders hoped online gaming company Skillz (NYSE:SKLZ) would help transform the industry. However, Skillz has failed to take off as management had planned, and SKLZ stock has imploded over the past year. Shares are down more than 85% over the past 12 months. Trading interest remains high however; on Thursday, the stock popped 15% on
Shares of Disney (NYSE:DIS) have been decimated, but that hardly makes it unique in a market like this. At this week’s low, DIS stock was down more than 50% from its all-time high. While the recent market pressure isn’t helping, earnings were the final catalyst to send it to new lows. The share price barely
Some of the Dow’s constituents possess lucrative buying opportunities as they exhibit quality in abundance. I’ve identified a few household names that could bolster your portfolio. Boeing (BA) – Investors haven’t picked up this reopening play just yet. Apple (AAPL) – Robust growth and economies of scale could curb its exposure to global supply-chain issues. Coca-Cola (KO) –
In this article COIN RBLX PRGO DNUT WEN Check out the companies making headlines before the bell: Wendy’s (WEN) –Wendy’s reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and
Novavax (NASDAQ:NVAX) was so close to hitting gold, but the delay in FDA approval for its Covid-19 vaccine has taken the life out of this stock, leaving a lot of investors wondering — what’s next? After reporting its first-quarter results, NVAX stock dipped 20% and hit $43. Despite making the right moves and filing for
Warner Bros Discovery (NASDAQ:WBD), the new entertainment giant formed on April 8 from the combination of Discovery Inc. and WarnerMedia, is set to become the second-largest media player by revenue after Walt Disney (NYSE:DIS). Since the merger, WBD stock has dropped faster than the equity markets in general, losing more than 30% year-to-date, but it is rebounding
Many investors believed that companies like DoorDash (NYSE:DASH) would not do well once the pandemic ended. However, DASH stock will buck the trend in the long run despite having fallen almost 50% year-to-date. The company’s latest earnings report is filled with stellar numbers. Customers are becoming more reliant on convenience and are demonstrating a trend
Nasdaq Inc. (NDAQ) is a global technology company providing data, analytics, software, and services to the capital markets industry. The company is best known as the operator of the Nasdaq Stock Market, the largest single venue of liquidity for trading U.S.-listed cash equities. At the end of 2020, a total of 3,392 companies traded shares
J.C. Penney Company (JCP) is one of America’s oldest retailers but it’s hit a rough patch the last few years. Tracey Ryniec and David Bartosiak, Stock Strategists at Zacks Investment Research, discuss whether the company is in a turnaround and if it will survive. J.C. Penney has had a management problem for several years. New
Johnson & Johnson (NYSE:JNJ) stock is up for 2022 in a down market Credit goes to its medical devices and anti-cancer drug Darzalex JNJ’s dividend has been rising for six decades, making it a safe stock to own Source: Alexander Tolstykh / Shutterstock.com While bears have savaged many of the stock market’s biggest names in
In this article TWTR AFRM HOOD TOST MSTR Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily” on hold, as he awaits details on the number of fake and spam accounts on the