Stock Market

ContextLogic (NASDAQ:WISH) operates Wish, an e-commerce platform that facilitates transactions between sellers and buyers, focusing on the budget-conscious consumer. Founded by Piotr Szulczewski and Danny Zhang back in 2010, this company has grown rapidly due to its innovative business strategies and easy-to-use platform. However, due to issues surrounding quality on the platform and wider reopenings,

Meme stocks continue to amaze the investing community in 2021. Remark Holdings, Inc. (NASDAQ:MARK) stock is a popular penny stock in the Reddit community. That community has been betting on questionable stocks with very poor fundamentals and moves based on the social trading power of herd investing, fear of missing out (FOMO), and fear, uncertainty

Shares of all-electric pickup truck maker Rivian Automotive (NASDAQ:RIVN) continue to soar on the heels of a spectacular first week. After pricing at $78, RIVN stock now trades at $172 per share — a spectacular 120% gain. Sporting a $152 billion market capitalization, Rivian is the biggest initial public offering (IPO) of the year. It’s also

In early 2021, when optimism over vaccines was at its peak, it was assumed that Carnival (NYSE:CCL) stock could be a good investment this year. Source: Ruth Peterkin / Shutterstock.com CCL stock rose more than 50% early in 2021, from about $20/share to as high as $31 by June. Since then, the going has been

Shares of online mobile multiplayer video game competition platform Skillz (NYSE:SKLZ) stock are finally recovering, gaining 54% in the last month. After an excellent debut, the stock struggled and lost a lot of steam. But if it pulls back a little more, this looks like an excellent video game stock for your portfolio Source: NYCStock

No one is buying Virgin Galactic (NYSE:SPCE) stock for the underlying financials. Source: Christopher Penler / Shutterstock.com The group is nowhere near turning a profit and only started posting revenue figures in the second quarter. It’s an unproven play on commercial space flight that requires investors to blindly trust eccentric billionaire Richard Branson. It’s one

What was once a blip on the radar that many analysts viewed as a passing fad became one of the most consequential developments on Wall Street. I speak of course of the phenomenon that is meme stocks, loosely defined as publicly traded securities that have an incredible following on various social media platforms. But while

Just a year ago, Gamestop (NYSE:GME) was widely considered nothing more than an old-school, brick-and-mortar video-game retailer. As a result, there was not much interest in GME stock. Yet there was a groundswell of support for Gamestop which was growing quietly, on an Internet forum known as Reddit. A sub-forum on that site, r/WallStreetBets, was preparing

With cryptocurrencies posting blistering performances recently, those on the sidelines are increasingly tempted to jump in. At the same time, direct exposure to individual blockchain coins and tokens has its own set of risks outside of market volatility. For an alternative, many have turned to crypto miners like Stronghold Digital Mining (NASDAQ:SDIG) stock. Source: Mark

It was recently announced that Swedish electric car maker Polestar Performance AB will be going public via a merger with special purpose acquisition company Gores Guggenheim (NASDAQ:GGPI). The new company will be renamed Polestar Automotive Holding UK and is to be listed on Nasdaq under the ticker symbol “PSNY”. Right now, GGPI stock is pretty

Earlier this year, trading shares of New York-based virtual content provider fuboTV (NYSE:FUBO) was a risky proposition. The price action of FUBO stock was like a roller-coaster ride, and not ideal for cautious investors. Source: Lori Butcher/ShutterStock.com However, moving into the last two months of 2021, the situation seemed much calmer … until the pain from

First, there was the meme token known as Dogecoin (CCC:DOGE-USD). Then came Shiba Inu (CCC:SHIB-USD), which actually managed to overtake Dogecoin in popularity. Yet, there’s a third canine-themed coin, Floki Inu (CCC:FLOKI-USD), and I don’t recommend dismissing Floki Inu as an also-ran. Source: Wit Olszewski I’ll admit that as an old-school, fundamentals-focused investor, I had difficulty taking any

On Oct. 13, GitLab (NASDAQ:GTLB) had a successful IPO, with the stock priced at $77 per share. Now almost a month later, GTLB stock is now at $121.27. So, virtually everyone who bought in around the time of the IPO has made money. Source: Lori Butcher / Shutterstock.com The problem is there is no more

In the last two months, Lucid (NASDAQ:LCID) stock has witnessed a strong rally. This came after an extended period of correction and consolidation. Source: Around the World Photos / Shutterstock.com When I wrote about LCID stock in September 2021, I opined that the stock is likely to continue trending higher. However, investors need to be

Gores Guggenheim (NASDAQ:GGPI) is the latest SPAC (Special Purpose Acquisition Company) stock to start revving its carbon-free engine. The blank check company completed its initial public offering (IPO) in March and announced its reverse merger with Electric Vehicle (EV) maker Polestar in September. GGPI shares are now trading at a roughly 7% premium to trust

Among the most disappointing initial public offerings (IPOs) of 2021, without a doubt, has been Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Not long after DIDI stock debuted on the New York Stock Exchange, the share price declined and it hasn’t recovered yet. Source: Piotr Swat / Shutterstock.com It’s not difficult to figure out what caused this

So long as investors are only buying growth, CrowdStrike (NASDAQ:CRWD) stock should keep performing. Source: VDB Photos / Shutterstock.com Even so, its market cap, which is more than 50 times revenue, is ridiculous. CrowdStrike, a cybersecurity company, opened for trade Nov. 9 at $285.68 share. The market cap at that price is $65.22 billion. The expected

In 2021, biopharmaceutical company Ocugen (NASDAQ:OCGN) has been a paradise for well-timed, short-term traders. On the other hand, long-term OCGN stock investors have been through a virtual roller-coaster ride. Source: shutterstock.com/PhotobyTawat As we’ll see, the stock has well-defined support and resistance levels. Swing traders could potentially profit (no guarantees, of course) from a simple rinse-and-repeat strategy.

Canadian marijuana producer and processor Tilray (NASDAQ:TLRY) made history in July 2018 when it became the first pure-play cannabis company to trade publicly on a major U.S. exchange. Just three months later, the Canadian government legalized marijuana for recreational purposes, in addition to the already legalized medical use. TLRY stock, which went public at $17

Shiba Inu (CCC:SHIB-USD) is in the headlines for mouthwatering gains in 2021. Social media influencers are becoming more active in voicing their opinions on volatile cryptocurrencies. Many of them are piling into meme coins. And we see the results with coins like Shiba Inu generating some serious momentum. Source: Wollertz / Shutterstock Cryptocurrency investing is rife