Almost a year ago, GameStop (NYSE:GME) kicked off the Reddit short squeeze trade and countless other stocks, like AMC Entertainment (NYSE:AMC), have been involved since. However, AMC stock has been struggling lately. Source: Shutterstock / mundissima That only has investors asking one main question: Does it have one last short squeeze left in it before
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Investors in Palantir Technologies (NYSE:PLTR) are having a tough go of it lately. Shares of the big data firm are down around 30% in just over a month. And since hitting an all-time high of $45 in late January, PLTR stock is down 58%. Source: Sundry Photography / Shutterstock.com However, the earliest investors in Palantir
The Internal Revenue Service (IRS) limits the annual contributions individuals may make to their retirement plans, including Roth IRAs, traditional IRAs, and 401(k)s. Key Takeaways For 2021 and 2022, you can contribute up to $6,000 to a Roth or traditional IRA. If you’re 50 or older, the limit is $7,000. The most you can contribute
In this article GME LCID AAL BA CVS People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters Check out the companies making headlines in midday trading. CVS — Shares of the drugstore chain jumped 3.8% to hit a 52-week high after the company said sales
For generations of investors, telecommunications giant AT&T (NYSE:T) has been as solid as a rock. However, the performance of T stock during the past few years has disappointed some shareholders. Source: Lester Balajadia / Shutterstock.com It’s challenging to pinpoint what went wrong. One commentator described AT&T’s $85 billion purchase (plus debt) of Time Warner in 2018
Remember when Pinterest (NYSE:PINS) caught fire with the euphoria surrounding stay-at-home stocks last year? It joined Zoom Video Communications (NASDAQ:ZM), Teladoc Health (NYSE:TDOC), Peloton Interactive (NASDAQ:PTON), DocuSign (NASDAQ:DOCU), and many others on a rocket ship ride for the ages. If you thought the meteoric rise was eye-popping, you should see this year’s unraveling in PINS
The volatility in Lucid Motors (NASDAQ:LCID) has been increasing. That’s not too surprising given the run we’ve seen in LCID stock lately. At today’s price of $37.71, shares are up more than 130% from the Sept. 1 low. Source: ggTravelDiary / Shutterstock.com The simple fact is that Lucid has been on fire. Even as other
In this article QUOT SDI Productions | E+ | Getty Images Company: Quotient Technology, Inc. (QUOT) Business: Quotient Technology operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company operates through two segments: (i) Promotions segment, which offers digital coupons and
Check out the companies making headlines before the bell: Chewy (CHWY) – The online pet products retailer’s stock tumbled 10% in the premarket after it reported a wider-than-expected quarterly loss. Sales were in line with Street forecasts, but profit was impacted by higher costs for labor and supply chain issues. Lululemon (LULU) – The athletic apparel
If you bought Asana (NYSE:ASAN) a month ago, you’re probably not very happy with your 41% paper loss on ASAN stock. Fear not. Source: rafapress / Shutterstock.com Although the work management platform’s stock has cooled off in recent weeks, it is still up 251% from its September 2020 IPO price of $21. It’s gotten to
Sahil Bloom talks with Preston Pysh about what the Cantillon Effect is and how it’s important to the global economy. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:04:03 – Sahil’s Thoughts on Curating Content Online 0:10:26 – Why Sahil Has Gotten Interested in Macro and Sound Money 0:17:25 – What Is the Cantillon Effect
After Didi Global (NYSE:DIDI) announced that it would delist its stock from the NYSE and move its shares to the Hong Kong Stock Exchange, the outlook remains dreadful. Source: zhu difeng / Shutterstock.com Given Didi’s circumstance, I do not agree with those who have suggested that the company’s American depositary shares (ADS) may move to
Jack Dorsey announced on Nov. 29 that he was stepping down as CEO of Twitter (NYSE:TWTR). TWTR stock gained 11% on the news; Dorsey also runs Square (NYSE:SQ), and CEOs running two companies generally doesn’t sit well with investors. Dorsey has a checkered past with Twitter. In 2008, the board sent him packing because his
The short and simple answer is no. Employer matching contributions do not count toward your maximum contribution limit as set by the Internal Revenue Service (IRS). Nevertheless, the IRS does place a limit on the total contribution to a 401(k) from both the employer and the employee. Key Takeaways You can contribute up to $19,500
Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters In the coming week, the Federal Reserve could decide to speed up the end of its bond-buying program and signal that 2022 is the year it expects to start hiking
Cryptocurrency miners, like Riot Blockchain (NASDAQ:RIOT) have been explosive. Source: Marko Aliaksandr/ShutterStock.com After starting the year at a low of $15.85, shares of RIOT blasted to a high of $79.50. All as it rallied along with Bitcoin (CCC:BTC-USD). After all, the higher BTC moves, the higher RIOT moves. We’ve seen the same thing happen with
Healthcare stocks offer investors a wide variety of stocks. There are healthcare stocks that lean more toward growth versus value, high dividend yields versus dividend growth, and so on. Healthcare also tends to perform quite well during recessionary periods. Their recession-resistant businesses and steady dividends can help reduce the severity of market downturns during recessions.
Microvision (NASDAQ:MVIS) stock enjoyed an incredible run-up when it was the most obvious pureplay company attempting to commercialize its light detection and ranging (LIDAR) technology. Source: temp-64GTX/Shutterstock.com LIDAR gives vehicles the ability to sense their surroundings. It can be a pivotal piece of a hardware package to enable autonomous vehicles. Over the past year, however,
After running hot for a few weeks, excitement has cooled for Progenity (NASDAQ:PROG). Less than a month ago, it was trading for as much as $6.20 per share. But since then, PROG stock has fallen by around more than 50%, and trades for around $2.50 per share today. Source: motorolka / Shutterstock.com Is this a
In this article AMCX Shopping carts are lined up in front of a Costco store on February 25, 2021 in Inglewood, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading Friday: Costco — Costco shares rose more than 6% after the warehouse retailer posted its latest quarterly numbers a day