stock
Trump’s social media company rises 16% in first day trading gains, but the stock could fall 95%, says an IPO expert
Shares of Donald Trump’s social media company rose about 16% in the first day of trading on the Nasdaq, boosting the value of Trump’s large stake in the company as well as the smaller holdings of fans who purchased shares as a show of support for the former president. Trump Media & Technology Group Corp. merged …
Why Tesla’s Stock May Have Passed Its Peak
FREMONT, CALIFORNIA – APRIL 20: In an aerial view, Tesla cars sit parked in a lot at the Tesla … [+] factory on April 20, 2022 in Fremont, California. Tesla reported first quarter earnings that far exceeded analyst expectations with revenue of $18.76 billion compared to expectations of $17.80 billion. (Photo by Justin Sullivan/Getty Images) …
How a 20-year-old student made $110mn riding the meme stock wave
At the age of 18, Jake Freeman ran for US president, collecting signatures, forming a campaign committee and registering his bid with the Federal Election Commission. “He wanted to be the youngest on the ballot,” said Eray Sabuncu, a friend who attended the same suburban New Jersey high school and signed the 2020 election filing …
This Small-Cap Cancer Technology Company Could Pop With the Right Play
Cardiff Oncology (CRDF) is a small oncology company whose shares have been caught in the biotech selloff through the first six months of 2022. Now, at CRDF’s current trading levels, I see the stock as setup for a compelling risk/reward trade. In fact, with the right option strategy, you can get your potential entry level down to significantly below the …
Signify Health stock surges on reports Amazon eyeing a bid
The New York Stock Exchange welcomes Signify Health (NYSE: SGFY), today, Thursday, February 11, 2021, in celebration of its IPO. To honor the occasion, Kyle Armbrester, CEO, joined by John Tuttle, NYSE Vice Chairman and Chief Commercial Officer, rings The Opening Bell®. NYSE Shares of Signify Health skyrocketed more than 39% Monday morning on reports …
Microchip Technology Inc. stock outperforms competitors on strong trading day
Shares of Microchip Technology Inc. MCHP, +4.63% rallied 4.63% to $58.75 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.50% rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA, +1.12% rising 1.12% to 31,384.55. This was the stock’s second consecutive …
The notion that the stock market isn’t the economy just doesn’t hold up anymore
A Wall Street subway station near the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images The stock market may not literally be the economy, but the distinction between the two is getting increasingly harder to draw. With household ownership of stocks scaling new …
Veeva Systems (VEEV): This Is Not A Growth Stock Environment
Michael Vi/iStock Editorial via Getty Images I first wrote about Veeva Systems (NYSE:VEEV) on March 6. It’s a great growth story: The company provides cloud-based software for the life sciences industry. Growth has been great Margins increased during the last 10 years, indicating that the company was achieving economies of scale The company had great …
Elon Musk says he asked Bill Gates if he shorted Tesla stock
Elon Musk says he asked Bill Gates if he shorted Tesla stock | Fortune You need to enable JavaScript to view this site. Source link
United Rentals Stock: Great Pick For High-Inflation Environment
Alex_533/iStock via Getty Images I’ve written a pair of articles outlining why I think United Rentals (NYSE:URI) is a great long-term investment; in this article I want to focus on why I think the company will be successful in a high-inflation environment. I’m on the record as being skeptical that inflation will be a problem …
