In this article AAL GM X The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters Check out the companies making headlines in midday trading. Dow Inc. — Shares of the chemicals company dropped more than 4% to lead the blue-chip Dow
While I could get into a complicated argument about Greenidge Generation (NASDAQ:GREE), I think my colleague Alex Sirois said it best and said it succinctly: “There is now no reason to be invested” in GREE stock following the underlying company’s merger with Support.com in mid-September. Source: Shutterstock Since the mid-September merger, Greenidge shares have done
A few months ago, I expressed some concerns about Lordstown Motors (NASDAQ:RIDE) stock and suffice to say, it was not well received. Source: Postmodern Studio / Shutterstock.com I could understand why. Even though the criticisms I received regarding my take on RIDE stock did not involve this admission, the reality is that no one likes
It seemed natural for shares of Chinese electric vehicle maker Nio (NYSE:NIO) to correct after surging from $2.11 in March 2020 to a high just below $67 in January — a gain of more than 3,000% in less than 10 months. Additionally, factors like the chip shortage and regulatory headwinds in China negatively impacted investor
Boeing’s Starliner capsule sits on to an Atlas V rocket on the launchpad before the launch of the OFT-2 mission. United Launch Alliance NASA moved a pair of astronauts off Boeing’s first two crewed missions to a SpaceX mission next year, in a rare reassignment as the aerospace giant’s Starliner capsule remains delayed in development.
In this article MDP CTXS APP LEVI TWTR RKLB An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: Levi Strauss &
SmileDirectClub (NASDAQ:SDC) is all about straightening teeth using a telehealth approach by selling its teeth aligners directly online. But after looking at the company’s lousy Q2 earnings release, there wasn’t much to smile about. In effect, SDC stock will likely tread water until SmileDirectClub becomes profitable. Source: Thamyris Salgueiro / Shutterstock.com This is nothing new
Greenidge Generation Holdings Inc. (NASDAQ:GREE) recently went public via a reverse merger on Sept. 15. Ever since then, GREE stock has lost more than 50% of its price. It currently trades around $25. Source: Shutterstock The reverse merger gave shareholders 115 shares of GREE stock for every 1,000 shares of Support.com stock they held. On
Which home improvement stocks will benefit from a busy summer?
Microsoft Corp. (MSFT), one of the world’s biggest tech companies, sells personal computing devices, cloud systems and services, software, and other products. With products geared toward both consumers and businesses, Microsoft competes in a broad range of industries against companies including Apple Inc. (AAPL), Amazon.com Inc. (AMZN), International Business Machines Corp. (IBM), and Oracle Corp.
nThe search for the holy grail of lithium battery design is going remarkably well for QuantumScape (NYSE:QS), though QS stock hasn’t made any significant moves as a result. Source: Michael Vi / Shutterstock.com Its recently-released investor presentation showed promising results in its solid-state battery technology. QuantumScape is currently the front-runner in commercializing solid-state batteries and is
David McDonough, founder and CEO of Commonstock Commonstock A new social network is betting that enthusiastic retail traders are here to stay and that they want more transparency than what’s offered on Reddit. Commonstock is a social media platform for talking about trades and financial markets. It features a Twitter-like news feed, with users ranking
Take a look at some of the biggest movers in the premarket: Lordstown Motors (RIDE) – The electric truck maker was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes that the recently announced sale of Lordstown’s Ohio plant to Foxconn values the plant at less than a fifth of prior estimates. Lordstown tumbled
IronNet (NYSE:IRNT) stock has dropped dramatically since its merger with LGL Systems Acquisition Corp closed. . However, the drop did not occur because investors disliked the deal between the companies. Source: Shutterstock In fact, IRNT stock steadily climbed in the days following the Aug. 27 merger. And then, somewhat strangely, the stock actually fell a
Buzz around The Metals Company (NASDAQ:TMC) stock will remain high in the coming weeks and months. TMC stock has been volatile since its Sept. 10 SPAC (Special Purpose Acquisition Company) merger with Sustainable Opportunities Acquisition. Source: Manu Galdamez/ShutterStock.com The merger didn’t go exactly as planned, which has undoubtedly injected increased volatility into share prices. For
They call it FUD: fear, uncertainty and doubt. Based in China, ride-hailing giant Didi Global (NYSE:DIDI) has its fair share of problems, I’ll admit. But there’s also plenty of FUD surrounding DIDI stock. Source: Piotr Swat / Shutterstock.com For example, reports recently circulated claiming that China’s Beijing city government advised state-owned companies to invest in the
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Tuesday announced a sizeable stake in Southwest Gas, and the activist investor is pushing the Las Vegas-based utility company to drop its rumored acquisition of natural gas company Questar Pipeline.
In this article SWX NKE NFLX Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading. Facebook, Amazon, Apple – Shares of major technology companies led Tuesday’s market rebound. Facebook shares rose
One of the most important traits for any investor, business executive or marketer is the ability to identify their target audiences and see things from the latter’s point of view. I believe those who are bullish on Ocugen (NASDAQ:OCGN) stock are failing to do that. OCGN stock has made headlines thanks to the company’s Covid-19
A very popular term in business is disruption, or causing a radical change through innovation. Hippo Holdings (NYSE:HIPO) is a digital homeowners insurance provider that went public in August. Potential HIPO stock investors wonder if this insurance provider will disrupt the insurance market. Source: TDKvisuals / Shutterstock.com It seems to me that HIPO stock lacks