Stock Market

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

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

The stock market got crushed last week. Then, just as quickly as the panic arrived, it left… This week, stocks have been rebounding with a fervor, and just three days into the trading week, the S&P 500 has basically already recovered all of its losses since the omicron variant emerged on Thanksgiving and caused the

Bearish sentiment is growing for Progenity (NASDAQ:PROG) after a dream run. The biotechnology company’s shares have been up 146.42% in the last three months. Last year, the company went public at $15 per share and saw its price plummet to below a dollar, earning the infamous label “penny stock.” Shares have been on a tear

Roku (NASDAQ:ROKU) seems to be in an enviable position. It operates the most popular streaming service in the United States. But as the world began to return to some semblance of normalcy, investors sold shares of this and other pandemic plays. Since hitting an all-time high of $490.76 in late July, ROKU stock is down

On Nov. 4, Cloudflare (NYSE:NET), the cloud software company, released stellar third-quarter results, including revenue that was up 51% year-over-year (YOY). The problem is NET stock already reflects much of the upside available in the stock. Source: IgorGolovniov / Shutterstock.com Moreover, even though analysts raised their near-term revenue estimates, their out-year forecasts now show lower

Metaverse altcoin Decentraland (CCC:MANA-USD) went over an all-time high of $5.90 in late November. However, MANA-USD has failed to continue the rally and slumped more than 25% since that peak. Source: Lichi / Shutterstock.com Despite the recent decline, MANA has returned about 60% in the last 30 days and currently trades at $3.89. With a

It encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into the stratosphere. Source: quietbits / Shutterstock.com In the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s

When much of our culture is now determined by the efforts of “community,” the historic price movement behind GameStop (NYSE:GME) isn’t that surprising. In fact, you could say it was just a matter of time before retail investors realized the power they could have over a stock. At one point this year, this power took GME

Wall Street has been on a honeymoon with Lucid Motors (NASDAQ:LCID) stock since it went public in July. But that’s over now, as investors have taken profits and LCID stock has fallen steadily since mid-November. Source: T. Schneider / Shutterstock.com Things could get rockier following a subpoena from the Securities and Exchange Commission related to

Digital World Acquisition (NASDAQ:DWAC) stock is back on the upswing. Digital World is a special purpose acquisition company (SPAC) that intends to merge with former President Donald Trump’s social media company, the Trump Media & Technology Group or “TMTG”. Source: Joseph Sohm / Shutterstock.com DWAC stock spiked from $10 to above $100 at one point following the 

It’s safe to say that Germany-based Sono Group (NASDAQ:SEV) isn’t your typical electric vehicle manufacturer, and SEV stock isn’t a run-of-the-mill investment. Indeed, it requires a bold, long-term vision to believe in this company and stock. Source: nrqemi / Shutterstock.com Not long ago, InvestorPlace contributor Luke Lango asked a crucial question: could Sono Group’s flagship vehicle, the

DraftKings (NASDAQ:DKNG) has been tumbling since it reached a recent peak closing price on Sept. 9. at $63.67 per share. At $31.21 as of Dec. 2, DKNG stock is now down more than 50% since then. Moreover, since peaking at $71.98 on March 19, the stock is now down 57%. Source: Lori Butcher / Shutterstock.com

Opendoor Technologies Inc. (NASDAQ:OPEN) operates a digital platform for residential real estate in the United States, enabling consumers to buy and sell a home online. On Nov. 11, I highlighted what Zillow Group (NASDAQ:Z) backing out of the home-flipping business means for OPEN stock. Source: Tada Images / Shutterstock.com At the time, I expressed my

To call Senseonics Holdings (NYSEAMERICAN:SENS) a penny stock isn’t to say it sells for a penny. The phrase refers to any stock with a low price and low market capitalization, and SENS stock currently goes for about $2.70 per share. Such stocks are always speculative, and the low market cap makes them easy for investors

The pandemic had brought our lives to a standstill. Thankfully, the vaccines are effective against it and have worked as a light at the end of a dark tunnel. But the new Covid variant has brought back the anxiety and stress associated with the pandemic. The World Health Organization has called it a “variant of

Following an early initial public offering (IPO) state of bliss, the Chinese ride-hailing and delivery group DiDi Global (NYSE:DIDI) has left its investors with little cheer. On June 30, DIDI stock made a historical public debut, the second-biggest U.S. IPO by a Chinese company after Alibaba (NYSE:BABA). Source: DANIEL CONSTANTE / Shutterstock.com DIDI stock started trading

If there’s ever been a case of making something bigger than it is, it could be Meten Holdings Group (NASDAQ:METX). And if you need me to spell that out for you in English, the recommendation for investors is to “avoid” METX stock at all costs or rather, at any price. Source: Akarat Phasura / Shutterstock.com

Spatial data company Matterport (NASDAQ:MTTR) went public in July following a special-purpose acquisition company (SPAC) merger with Gores Holdings VI. Matterport received $605 million in total cash in this SPAC deal, including $310 million from Gores Holdings VI and $295 million from other institutional investors. That’s a lot of money for the company, but is

If massive volatility and speculative rumor-based catalysts aren’t your cup of tea, Loopring (CCC:LRC-USD) probably isn’t for you. That statement also holds true for a good portion of the crypto market in these still nascent days.  Source: Shutterstock With so much being said about Loopring, rumors and speculation are a good place to begin our