Multiple pundits who are bearish on Hyliion (NYSE:HYLN) stock seem to be convinced that the company will completely fail, causing its shares to ultimately plummet to nearly $0. Source: Hyliion media But I believe that these skeptics are ignoring several important points. First, the electric truck and powertrain maker has made deals with several major
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Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of
Vinco Ventures (NASDAQ:BBIG) stock began last week at $6.01 and this week just a hair over $5. Source: Shutterstock The loss was despite the announcement that ZVV Media Partners LLC and Zash Global Media had entered into a letter of intent to buy AdRizer LLC for $108 million in cash and stock. Vinco and Zash
Despite some positive news, it’s difficult to see why investors should direct their capital toward Carnival (NYSE:CCL) stock at current levels. CCL stock is down more than 14% in the last six months. The company has seen some encouraging signs regarding its business operations, but the overall picture remains negative. Further, as the pandemic wears
Palantir Technologies (NYSE:PLTR) is known for secrecy and its long list of government clients. Its shares haven’t moved much in the past 6 months. PLTR stock was trading at $23 in April and is trading at the same level today. Source: Ascannio / Shutterstock.com The company went public through a direct listing and since then, it
New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Check out the companies making headlines in midday trading. Energy stocks – Oil stocks rose again Monday as futures for West Texas Intermediate crude traded
A few months back, ChargePoint (NYSE:CHPT) stock had plenty of positive catalysts that were helping it move higher or, at the very least, hold steady. Not only was the U.S. bipartisan Infrastructure bill helping to sustain buzz about the shares, but the market was highly favorable to speculative growth stocks. Source: YuniqueB / Shutterstock.com But
FuelCell Energy (NASDAQ:FCEL) saw its shares close at a high of $27.96 in early February. Since then, the story has been much less impressive, with the stock in a long slide. At this point, FCEL stock is trading for $6.71, down 76% from its February high. Shares are also down 40% for the year. So,
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Phil Knight is the co-founder and the biggest stakeholder of Nike, formerly known as Blue Ribbon Sports, which has more than 1,100 branches across the globe. The company, which is considered the largest creator of athletic shoes and sports apparel, also includes brands like Jordan, Cole
The Organization for Economic Cooperation and Development (OECD) announced on Oct. 8, 2021, that—effective in 2023—its members have agreed to set a global corporate minimum tax rate of 15%. A key factor in concluding the deal was gaining the support of Ireland and other small countries that had used low corporate tax rates as an incentive for
Since I’ve begun eating Tattooed Chef’s (NASDAQ:TTCF) meals, and since the company made an important deal with Kroger’s (NYSE:KR), I’ve become bullish on TTCF stock. Source: Spyro the Dragon / Shutterstock.com Also making me more upbeat is the fact that the stock dropped significantly following Wall Street’s overreaction to the company’s second-quarter revenue miss, and
Boeing (NYSE:BA) stock has yet to recover from 2018. Source: Alex JW Robinson / Shutterstock.com When the 737-MAX scandal first overtook the company, investors were told to “buy the dip” at $320 per share. After all, BA stock traded at $440. It delivered dividends of more than $2 per share each quarter. Those who bought
As I put it in late August, Palantir Technologies (NYSE:PLTR) stock seemed to be a situation where it would continue to stay strong performance-wise, that is, until markets get volatile. Now? Said volatility has started to play out. Shares in this hot big data play have slid back in price. With this, what’s next for PLTR
Overall, one of the main catalysts for President Joe Biden’s 2020 electoral victory was his stance on the novel coronavirus pandemic. Leading up to the election, former President Donald Trump’s administration made critical errors, primarily flirting with unsubstantiated Covid-19 allegations which undid the good of Operation Warp Speed. In turn, it’s unfortunate because people are
In this article GOOGL FB PTON Shannon Stapleton | Reuters Rising oil prices, the prospect of the Federal Reserve dialing back its easy-money policy and tension among lawmakers in Washington are just a few of the factors behind the latest bout of volatility in the markets. Top analysts are sticking by these names amid the
Easily the most controversial country over the past year-and-a-half period, China is again making waves. This time, it has taken on the cryptocurrency phenomenon, banning its transactions and its mining operations. Unfortunately, that puts SOS Ltd (NYSE:SOS) stock in quite a bind. Source: Mark Agnor / Shutterstock.com Its own government is enemy No. 1. As
The Walt Disney Company (NYSE:DIS) used to pay a consistent dividend and also buy back its own shares. However, for the past year and a half, since the end of 2019, it stopped returning capital to its shareholders. It’s now clear that DIS stock has not done very well as a result of this decision.
Pips vs. Points vs. Ticks: What’s the Difference? Point, tick, and pip are terms traders use to describe price changes in financial markets. While traders and analysts use all three terms in a similar manner, each is unique in the degree of change it signifies and how it is used in the markets. A point represents
Editor’s Note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Eric Fry’s pick for the contest is Osisko Gold Royalties (NYSE:OR). Source: Shutterstock Since our last update in mid-July, Osisko Gold Royalties (NYSE:OR) has continued to deliver relatively forgettable returns for 2021. The stock is down 7% year-to-date, matching gold’s 7% retreat year-to-date. In other
Investors who are still holding onto shares of ContextLogic (NASDAQ:WISH) stock should dump the stock now before there’s nothing left. Source: sdx15 / Shutterstock.com WISH stock plummeted 28% in the last month, bringing its total decline for the year to 71%. It’s flirting with the $5 mark, which would make it a penny stock. Shareholders