The market conditions and technology in the mania over current meme stock AMC Entertainment are vastly different from day trading during the dot-com bubble of the late 1990s, online brokerage pioneer and former options trader Tom Sosnoff told CNBC on Friday. “There’s no comparison between the day traders of 1999-2000, and that first transition into
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The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images DocuSign – Shares of the electronic signature company surged 17% after beating on the top and bottom lines of its quarterly earnings. DocuSign earned 44 cents per share on
Snowflake (NYSE:SNOW) stock is one of the most interesting names in the tech space. The company was one of the largest software initial public offerings (IPOs) of all time when it came out last year. And traders initially warmed up to SNOW stock, with the share price more than doubling after its debut. Source: rblfmr
Blue-chip communications giant AT&T (NYSE:T) has traded somewhat like a utility stock in recent years, and investors approached T stock as such. It has long been a reliable stock as a dividend aristocrat. Source: Jonathan Weiss/Shutterstock Looking for new growth opportunities, AT&T made a huge push into entertainment three years ago with its transformational acquisition
Special Purpose Acquisition Companies (SPACs) are falling out of vogue and Lordstown Motors (NASDAQ:RIDE) is no exception. Source: Postmodern Studio / Shutterstock.com The stock peaked at $31.80 back in February before falling when the Nasdaq index broke down. Bears, too, are all over RIDE stock, with a short interest of 30.82%. An ugly quarterly earnings
Sundial Growers (NASDAQ:SNDL) is down about 37% since I last wrote about it in March. That’s a bitter pill for bull-minded retail investors who remain committed to the company. But it has to be music to the ears of those equally passionate investors driving up short interest in SNDL stock. Source: Shutterstock Presently trading at $1.10,
Starship prototype SN10 fires its three Raptor engines as it comes in for the landing. SpaceX The U.S. Air Force is expanding a small development program that wants to leverage reusable rockets, like those SpaceX is building, to deliver cargo quickly to anywhere in the world. Called Rocket Cargo, the experimental military program will be
Back in March, I wrote that Pfizer (NYSE:PFE) was a good value opportunity since it was trading “well below its historical valuation parameters.” At the time, I estimated that it was worth $42.39. Since then, PFE stock has risen from about $35 to around $39. Source: photobyphm / Shutterstock.com I now think PFE stock could
Traders work on the floor of the New York Stock Exchange. NYSE Inflation data is a highlight of the week ahead, as investors focus on economic news in the void between earnings season and the next Fed meeting. May’s consumer price index is reported Thursday, and it could be hot after it surged at a
Blackberry (NYSE:BB) could become a bargain stock this year if the company keeps producing large amounts of free cash flow (FCF). Even though BB stock has skyrocketed in the past month, I estimate it could be worth 32% more. That puts its value at $20.91 per share. Source: Paul McKinnon/Shutterstock.com This is based on its
Most of Wall Street underestimates the impact of cord cutting and overestimates the extent companies can compensate with internet streaming channels. As a result, most of the Street was shocked by AT&T’s (NYSE:T) decision to unload WarnerMedia for a relatively low amount of money, triggering a sizeable downturn in T stock. I believe that Disney
Hyliion (NYSE:HYLN) continues to hover around its debut price of around $10. And for investors it must be starting to feel like Groundhog’s Day. It certainly does to me. Every time I’m asked to take a position on HYLN stock, I feel the same way. Except, like many analysts and investors and Bill Murray in the
How does immigration affect the economy? Discussions about the economic effect of immigration often are influenced by larger ethical and political stances around this topic, positions grounded in questions about the kind of world in which people want to live. Many of the arguments against immigration, for instance, tend to emphasize rates of cultural change
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, students learned the importance of investing in vigilant leaders. A vigilant leader is a manager that won’t put
Stock Splits Simplified: -number of shares before split = 100 at $50/share -Split = 2/1 -number of shares after split = 200 at $25/share -In order to own the same portion of the company, the stock price goes down to $25/share -100 shares at $50/share = 200 shares at $25/share -The value is the same,
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In this article VIV-FR PSTH Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman’s blank-check company Pershing Square Tontine Holdings (PSTH) confirmed Friday it was in talks to buy 10% of Universal Music Group for around $4 billion. The deal values Universal Music at 35 billion
In this article AVGO DOCU CRWD AMC CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines after the bell: AMC Entertainment — AMC Entertainment was on the move again after a volatile trading session. Shares fell 7% after hours after closing down nearly 18% in the regular
As global demand slumped, oil and gas stocks witnessed a sharp correction in the first half of 2020. With monetary and fiscal policy action, oil prices stabilized. Furthermore, production cuts by the OPEC also supported oil prices after an initial plummet. The Invesco DB Energy Fund (NYSEARCA:DBE), an exchange-traded fund with exposure to worldwide energy
The latest news that Ocugen (NASDAQ:OCGN) is moving closer toward emergency use authorization for its Covid-19 vaccine candidate is moving its stock. On May 25 the company submitted its master file to the Food and Drug Administration as part of the emergency use authorization (EUA) process. Source: Shutterstock But many obstacles remain for Ocugen. The first