Given the recent short squeeze attempts on meme stocks like AMC (NYSE:AMC) and GameStop (NYSE:GME), it’s no surprise that investors have been searching for juice among similar stocks with high short interest. Enter Churchill Capital Corp IV (NYSE:CCIV), a high profile SPAC (Special Purpose Acquisition Company), which currently has 26% of its float in short
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The markets are dealing with an army of investors who are after heavily shorted stocks. But there are also fundamentally strong names where initiating a short position can be risky. These are the so called unshortable stocks. True, Short squeeze rallies have delivered multi-fold returns for investors. AMC Entertainment (NYSE:AMC) is the recent case of a
In this article TSLA AMZN CNBC’s Jim Cramer on Friday suggested the U.S. impose a surtax on billionaires following this week’s ProPublica report on how some of the richest people on the planet are avoiding taxes. In recent years, billionaires including Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, and businessman Michael Bloomberg, investors Carl
U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020. Kevin Lamarque | Reuters Stocks could trade sideways as investors await the outcome
Tesla (NASDAQ:TSLA) is the poster-child of the EV revolution. Nio (NYSE:NIO), on the other hand, has always been the little brother stuck living in Tesla’s shadow. But now, the little brother is taking the reigns and driving leading the EV charge, and Nio stock is beginning to reflect this shift in dynamics. Source: xiaorui /
I like cruising. In fact, I especially like the Celebrity line from Royal Caribbean (NYSE:RCL). But I would no more buy RCL stock than I would Gamestop (NYSE:GME). The numbers just don’t make sense. Source: ImagineStock / Shutterstock.com Royal Caribbean opened for trade on Jun. 11 near $89 per share. That’s a market capitalization of
Online pet destination Chewy (NYSE:CHWY) smashed first-quarter numbers by a wide margin, but CHWY stock still fell. Source: designs by Jack / Shutterstock.com This is fine. Chewy’s guided Q2 and full-year revenues fell relatively in line, which means Q2 through Q4 numbers are expected to come in below expectations. The expectations already priced in a
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In today’s episode of let’s talk stocks, we are going to take a look at option greeks. We’ll to talk about delta, gamma, theta, and vega. In this video, we will cover: what the greeks are, how they’re used, and the big picture behind them. This lesson is perfect for people just starting out with
Choosing the right business structure for your enterprise is a crucial decision. It has long-lasting ramifications, as it sets the path for the future in terms of operations, management, legal, and tax issues. Proper research should be done before you take your pick. There are several organizational forms that business can choose from, including sole
A straddle is used when you’re not sure which way the market will go, but believe something big will happen in either direction.
Reddit co-founder Alexis Ohanian told CNBC on Thursday that the meme stock frenzy — which traces its roots to the online forum website he helped create — is what happens when momentum investing is amplified by technology. “Really, the existence of people getting whipped up and excited about a stock has happened, you know, it’s
Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE Is the great value rotation over? The S&P 500 is at a historic high, but investors who earlier this year overweighted their portfolios into reopening stocks like Caterpillar and banks, and away from tech and other growth stocks, appear to be
Take a look at some of the biggest movers in the premarket: Snowflake (SNOW) – Snowflake shares fell 3.7% in premarket trading, following the cloud computing company’s presentation of financial targets at its Investor Day meeting. Snowflake set a target of reaching $10 billion in annual product revenue by 2029, compared to $554 million in
Mobile gaming platform Skillz (NYSE:SKLZ) stock has been volatile since going public via the SPAC route in December. Source: Rawpixel.com/Shutterstock.com The stock grew by a massive 150% by February before tumbling below its IPO price of $17.90. It was hit by the perfect storm, which involved a short report, equity dilution, and the SPAC bubble
Naked Brand (NASDAQ:NAKD) released its latest prospectus on May 18 showing that the company now has roughly 813.8 million shares outstanding. This allows us to calculate its actual market value. Currently, NAKD has a market cap of $626 million at yesterday’s price of 77 cents for NAKD stock. As a result, the stock looks to be
Cannabis-based investments naturally garner much attention primarily because of a core reality. Very few other business categories can claim they were previously illicit enterprises. Therefore, the green plant is representative of a scientific and economic impossibility: turning nothing into something. Yet even when you factor in the sector’s enthusiasm, the bullishness toward Sundial Growers (NASDAQ:
Financial services for cryptocurrency holders have been growing as a subset of the fintech industry for years. Now, crypto 401(k)s are entering the mix. A small 401(k) provider called ForUsAll is now allowing participants to allocate up to 5% of their retirement funds into cryptocurrency. The offering includes 50 different crypto assets including bitcoin, which
In this article CHWY VRTX PLAY A dog hi-fives it’s owner in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Getty Images Check out the companies making headlines after the bell: Chewy — Shares of Chewy
Tech stocks were among the big winners in 2020, a year to remember for the historic U.S. stock market crash in March. And the fast comeback of equities that took place ever since and resulted in a year of great volatility for investing in stocks. Moreover, Reportlinker.com recently published a report titled “Global Enterprise Software