Stock Market

Bakkt (NYSE:BKKT) stock jumped nearly 250% on October 25, very soon after going public. Source: Shutterstock Bakkt executives rang the closing bell at the New York Stock Exchange on October 22. On that day investors could have picked up Bakkt shares for about $9 each. They could have sold them for up to $30 by

Xenon Pharmaceuticals Inc. (NASDAQ:XENE) is a biotech stock that has almost doubled in the past month. This is a definition of hot stock in the biotechnology industry, which can be very volatile and heavily driven by news-driven factors. According to MarketWatch, Xenon’s “products include XEN496, XEN1101, XEN901, and XEN007.” And the big, price-driving news lately

Quick: if you had to pick one automotive business to invest in for a lifetime, what would it be? Ford Motor (NYSE:F) is as valid a response as any. For many generations, F stock has provided reliable returns. Source: Jonathan Weiss / Shutterstock.com Don’t get me wrong — there have been rough patches along the way.

All is well in the electric vehicle (EV) world. Or is it? Tesla (NASDAQ:TSLA) shares may be rallying to new all-time highs after earnings, but that doesn’t mean the rest of the space is doing well. Take Nio (NYSE:NIO) for example. While NIO stock is up more than 20% from this month’s low, the stock

The story of ContextLogic (NASDAQ:WISH) has evolved since it went public in December. At first, WISH stock was a hot e-commerce play, priced as if its pandemic-era growth rates would persist. Source: sdx15 / Shutterstock.com Months later, as its pandemic tailwinds faded, it became a short-squeeze play. Retail traders piled in, hoping to squeeze it just

Coupang (NYSE:CPNG) is the leader of the South Korean e-commerce market. The company successfully completed its initial public offering (IPO) this spring, and its shares started trading around $50. That was close to the high-water mark for CPNG stock; the shares have skidded to less than $30 now. Source: Ki young / Shutterstock.com The company

Purchasing Palantir (NYSE:PLTR) stock continues to make sense for a specific type of investor. Let’s start with what you won’t get when buying Palantir shares. Source: Sundry Photography / Shutterstock.com Are you likely to get quick growth from PLTR shares? No, probably not. Sentiment surrounding Palantir has essentially settled since March. Following a few months

Two days ago, Tesla (NASDAQ:TSLA) did something unthinkable – something that only four tech stocks in the history of capitalism have ever accomplished. It became a trillion-dollar company. It joined Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) as the only U.S. companies to currently hold that distinction. Not only that, but Tesla cleared

The Robinhood (NASDAQ:HOOD) platform is certainly an interesting one for those looking to invest in the stock market. It certainly burst onto the scene early in the pandemic with commission free trading. That feature made it very attractive to retail investors, leading to impressive growth for Robinhood stocks. The Robinhood platform has been around for

Roku (NASDAQ:ROKU) will release its third-quarter earnings on Nov. 3 after the stock market close. This could be a bellwether for how well its crucial Christmas season turns out. Investors will be looking carefully to see if the West coast shipment delays are having any effect on its ability to deliver inventory to stores. If

Grom Social Enterprises (NASDAQ:GROM) is a recently public social media company that is geared to kids under 13. It is also an original content provider of entertainment for kids. The problem is it has no chance of originating profits, at least based on its present financial situation. That means GROM stock is not likely to

So far this month, two factors have enabled shares in Chinese EV company Nio (NYSE:NIO) to make their way back toward $40 per share. First, worries about investing in China have eased a bit. Issues like the Evergrande (OTCMKTS:EGRNF) crisis, as well as China’s crackdown on some of its largest companies, are weighing less on

In case you haven’t noticed, the whole world is in the midst of supply chain crisis. Long story short, thanks to Covid-19 disrupting global supply chains, businesses can’t find enough parts – or people – to meet demand. One of the industries hit hardest by this is the auto sector. That’s because in order to

To put it simply, Vinco Ventures (NASDAQ:BBIG) likes to acquire businesses with a technology slant. If you like those businesses, then BBIG stock should pique your interest. Source: shutterstock.com/Postmodern Studio As we’ll see, Vinco Ventures certainly sparked the market’s interest earlier this year, to the point where the share price quadrupled in value. Whether that’s a

Faced with rapidly plummeting revenues and a persistent loss-making marijuana business, cannabis producer Sundial Growers (NASDAQ:SNDL) has subsequently pivoted to an investing game that former industry giant Aurora Cannabis (NASDAQ:ACB) gave up on last year. Could fortunes be different for SNDL stock investors? Source: Postmodern Studio / Shutterstock.com In a new business strategy that meme

Oh snap! That’s what Snap (NYSE:SNAP) shareholders were saying yesterday when the stock plunged 25% in a single day after the company reported disappointing third-quarter numbers. Source: Ink Drop / Shutterstock.com Actually, it wasn’t just Snap shareholders saying that. It was shareholders of all tech and digital advertising stocks. Facebook (NASDAQ:FB). Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Twitter

Sundial Growers (NASDAQ:SNDL) has been one of the most fascinating corporate turnarounds of the past year. A little over a year ago, SNDL stock was trading for less than 14 cents and the company seemed to be on the brink of bankruptcy. Then the Reddit WallStreetBets phenomenon happened. SNDL stock exploded in a massive short

Something very interesting happened in the stock market yesterday… something that most folks missed or didn’t pay much attention to… but that could help you score 100% returns in 2022. Here’s what happened: Growth stocks and the 10-year Treasury yield both rose. Source: Shutterstock I bet a lot of you are saying: So what!? And

After a two-month slide, Pfizer (NYSE:PFE) shares are finally moving in the opposite direction. Over the past two days, PFE stock is up by nearly 3%. Source: photobyphm / Shutterstock.com The rebound was sparked by investors anticipating the approval of Pfizer’s Covid-19 vaccine for children ages five to 11 in the U.S. and Canada. If that

Canadian cannabis giant Tilray (NASDAQ:TLRY) raised several eyebrows when it laid down its plans to reach $4 billion in annual sales by 2024. It recently raised its share count to 990 million shares in hopes of achieving its revenue target. And although the chances of achieving its lofty revenue goal appear to be slim, TLRY stock