Stocks to sell

Newegg (NASDAQ:NEGG) has extremely volatile shares that are causing investors a lot of skepticism. In fact, NEGG stock has tumbled nearly 13% today. That’s after having climbed up to 25% higher yesterday. So why is NEGG stock back down today? The best explanation for this wild price swing is the positioning of traders, speculators and

IMAC Holdings (NASDAQ:IMAC) stock spiked dramatically after their successful pilot program for a new retail concept: The Back Space. The project is located in select Walmart (NYSE:WMT) stores and has the potential for wide-scale expansion. The company believes it will triple its number of stores and be in at least 20 more locations by the

Source: Ringo Chiu / Shutterstock After conducting research on Mullen Automotive (NASDAQ:MULN), I view the company as a “poor man’s” combination of Lucid (NASDAQ:LCID) and Fisker (NYSE:FSR). Since I’ve long been bearish on LCID stock and FSR stock, I’m obviously not too upbeat on MULN stock. Mullen does have some positive qualities, including two employees

SoFi Technologies (NASDAQ:SOFI) has been plummeting this week on fears of another pause on federal student loans. Today, the White House extended its moratorium on federal student loan payments through Aug. 31. SOFI stock is so far down about 6% today. Following this, borrowers will be required to start repaying their loans again. In this

DASH stock has fallen off the cliff as part of the broader sell-off of tech stocks Inflation will have a telling effect on the food delivery sector Path to profitability seems as muddled as ever DoorDash (NYSE:DASH) and its peers saw their business soar during the pandemic. However, as the pandemic draws close and inflation

After jumping 10.47% on Monday, FuboTV (NYSE:FUBO) has lost almost 7% today. This drop comes days after dropping its lowest-end sports bundle. The leading sports streaming platform has had a rough start to the year, as shares plunged 57% year-to-date. Despite robust top-line growth, FUBO stock has a disappointing bottom line and high costs make

Shares of Starbucks (NASDAQ:SBUX) are under pressure today on news that another of the coffee chain’s retail outlets has voted to unionize and the company is halting its share repurchase program. SBUX stock is down over 4% today after newly installed interim Chief Executive Officer (CEO) Howard Schultz suspended the company’s $20 billion share buyback

After months of holding steady, following a tremendous drop during 2021, shares in Hexo (NASDAQ:HEXO) have recently experienced a boost. Cannabis plays like HEXO stock have perked back up, on the latest talk of the U.S. federal government fully legalizing marijuana. Source: Shutterstock Trading for between 50 and 60 cents before the news, this Canada-based

As I’ve written in previous columns about Roblox (NYSE:RBLX), there are some things to like about RBLX stock. That includes its rapid revenue and user growth, some of its games and its extensive use of developers. Source: Michael Vi / Shutterstock.com Also worth noting is its shares are much more attractive now. They’re changing hands

Shares of Chinese e-commerce platform Pinduoduo (NASDAQ:PDD) have been struggling since early last year, when they topped out above $200. Today, PDD stock trades in the low $40s. Recent growth metrics have been unimpressive. And it’s difficult to determine whether the company’s ongoing strategy shifts will ultimately be successful. Furthermore, the company faces multiple regulatory

OpenDoor Technologies (NASDAQ:OPEN) is a housing company focused on the iBuying market. OPEN stock had gotten hammered this year thanks to the selloff in speculative companies plus the sharp rise in interest rates. Source: Tada Images / Shutterstock.com However, OpenDoor has enjoyed something of a comeback in recent weeks, with the stock rallying off the

After a burst of initial interest, Digital World Acquisition’s (DWAC) merger partner, Trump Media & Technology Group, is losing momentum in its Truth Social app As Donald Trump seems to have lost interest, there’s been much less activity on the site Apart from the Truth Social app, there is little in the TMTG portfolio that

Vinco Ventures (BBIG) stock has rallied nearly 27% in the past month on very little news The company has a very vague business model and fundamentals that are weak, so this rally looks speculative with high odds of a reversal Investors should not get carried away by this penny stock, but wait for the latest

Esports ecosystem provider Motorsports Games (NASDAQ:MSGM) was punished by the market after releasing disappointing fourth-quarter and full-year earnings results. The losses were so bad in fact that MSGM stock dropped nearly 36% on the day they were released. Although esports is an industry with projected compound annual growth rates of 17.5%, and MSGM stock is

The first time I weighed in on Affirm Holdings (NASDAQ:AFRM), I said, “[T]he buy now, pay later (BNPL) boom shows no signs of slowing. Expected industry growth is off the charts, too. According to Bank of America, the BNPL market could grow 10x to 15x by 2025, and could eventually process up to $1 trillion

American Airlines (AAL) is positioned for gradual recovery in utilization and cash flows Total debt of $38.1 billion is likely to remain a key concern as the credit stress impacts equity holders Prospects of further dilution also make the stock unattractive, so investors should look elsewhere for airline stocks Source: GagliardiPhotography / Shutterstock.com The black

Without a doubt, the outlook of Clover Health (NASDAQ:CLOV) stock has improved tremendously since I last wrote about the company in a September 2021 column. Source: Dennis Diatel / Shutterstock.com Most importantly, CLOV stock has tumbled a great deal since September, making its valuation much less daunting. But the insurer’s fourth-quarter results and 2022 guidance

AMC Entertainment (AMC) is far below its 2021 highs.  The company has recently invested in a mining company.  A high number of the shares of AMC stock are being sold short, but investors should not own it.  AMC Entertainment (NYSE:AMC) is trading far below the high that it reached  in early 2021 during the meme-stock

Artificial intelligence seems to be a hot technological trend that should keep us supplied with plenty of new developments in the future. Can machines be programmed to think and act like humans? If your answer is yes, then C3.ai (NYSE:AI), a provider of enterprise artificial intelligence (AI) software for digital transformation, may look tempting. But

For Truth Social, the new app created by former President Donald Trump’s company, recent weeks have featured a mix of good news and bad news. With the app’s overall outlook still uncertain, I recommend that investors avoid Digital World Acquisition Corp (NASDAQ:DWAC) stock for now. Source: mundissima / Shutterstock DWAC stock is a special purpose