Stock Market

Clover Health (NASDAQ:CLOV) is in deep trouble. CLOV stock was due to open March 10 at about $3 per share. That is a market cap of just under $1.3 billion, which on 2021 revenue of $1.5 million looks horrendous. On expected 2022 revenue of $3.24 billion, however, maybe that is not so bad. Source: Wirestock

Downward revisions to revenue growth forecasts severely hurt Matterport’s (NASDAQ:MTTR) stock price. Shares are down around 79% from their November 2021 highs around $33. The price is in a precipitous decline that accelerated when the company reported scarier operating losses last month. Key corporate insiders bought the dip on MTTR stock in February. Could better

It is hard to believe that this is the first time I have written about Affirm Holdings (NASDAQ:AFRM) and AFRM stock.  Source: Joaquin Corbalan P / Shutterstock.com The San Francisco-based buy-now-pay-later (BNPL) firm went public at $49 on Jan. 12, 2021, selling 24.6 million shares and raising $1.21 billion in the process. The company’s share

Shares of Chinese e-commerce giant Alibaba (NYSE:BABA) have been in a downtrend since October 2020. Yet, a year ago, I bet few China perma-bulls expected BABA stock would be flirting with the $100 level for the first time in more than half a decade. Source: BigTunaOnline / Shutterstock.com After losing 57% of their value in

First off, I’ll admit it may sound foolish to be bearish on Costco Wholesale Corp. (NASDAQ:COST) stock. But my bearishness isn’t built around any issues with the company’s underlying business. Source: ARTYOORAN / Shutterstock.com Mainly, because there are not too many. The membership-based discount retailer keeps reporting strong results. It thrived during the pandemic. It’s still

Shares of up-and-coming luxury EV producer Lucid Group (NASDAQ:LCID) shed over 15% of their value in the past month. LCID stock slid roughly 14% earlier this month after the release of underwhelming fourth-quarter earnings report. Source: Around the World Photos / Shutterstock.com A lot was riding on that earnings report. The start-up has been the

Matterport (NASDAQ:MTTR) reported fourth-quarter (Q4) 2021 results on Feb. 16. While they were good, MTTR stock dropped on less robust Q1 and 2022 guidance. Now trading under $7, down from its Dec. 1 all-time high of $37.60, it seems wild to think that its shares could fall any further. Source: Matterport Who can forget Bill

Upstart Holdings, Inc. (NASDAQ:UPST) is an artificial intelligence (AI) -powered lending platform that seeks to upend traditional bank underwriting practices. In a good way. Upstart’s use of AI and machine learning offers big advantages to lenders. Consumers like it, too. Riding a wave of massive growth in revenue, UPST stock surged through much of 2021.

Black Rifle Coffee (NYSE:BRCC) stock emerged from a special purpose acquisition company blank-check merger with SilverBox Engaged Merger I on Feb. 10. Source: rblfmr / Shutterstock The stock’s sailing has been relatively smooth. Shares are up over 18% since their debut, despite a down market. BRC is a coffee roaster based in Salt Lake City

Skillz (NYSE:SKLZ) came public amid a lot of expectations. Bulls pitched SKLZ stock as the combination of gambling and e-sports. This seemed like a can’t miss prospect given the powerful uptrend that both those sectors are enjoying. Source: Dennis Diatel / Shutterstock.com However, Skillz’ investors have seen their luck run dry. Shares have collapsed over

Among the most famous social media platforms in the world, TikTok has amassed nearly 80 million users in the U.S. alone. Expanding out the scope to the rest of the world, the video-sharing service commands a monthly active user base of 1 billion. Invariably, the community will feature a wide variety of subject matter, including

Shares of Covid-19 vaccine play Novavax (NASDAQ:NVAX) may have seen a small upward bounce after its earnings released earlier this week. That does not mean NVAX stock is out of the woods yet. Source: vovidzha / Shutterstock.com With internal and extraneous factors weighing it down, NVAX stock is now a pale shadow of its old

Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. It’s that time in earnings season when we’re getting down near the bottom of the barrel. With 95% of S&P 500 companies having reported results for the fourth quarter of 2021,  the season for earnings reports is coming to a conclusion. We’re

EVgo, Inc. (NASDAQ:EVGO) operates a direct current (DC) fast-charging network for electric vehicles (EVs) in the United States. The focus is on fast chargers, which gives it a different business strategy than its competitors. Is this a smart move to gain an economic moat in the race towards electrification of mobility? It might be reflected

Will Boeing (NYSE:BA) stock wing higher this year? Source: Marco Menezes / Shutterstock.com The Chicago-based airplane manufacturer’s share price managed to claw its way out of the hole it found itself in when its 737 Max aircraft were grounded worldwide between March 2019 and December 2020 after 346 people were killed in two high-profile crashes.

Digital World Acquisition Corp (NASDAQ:DWAC) has been on a steady rise recently due to the launch of the Truth Social network. DWAC is merging with Trump Media and Technology Group (TMTG). The companies expect to complete the merger in the first quarter of this year, at which point DWAC shareholders will become shareholders of TMTG.

It’s been a rough couple of days for Lucid Group (NASDAQ:LCID) investors after the luxury electric vehicle (EV) maker reported disappointing fourth-quarter earnings and cut its 2022 production estimate by up to 40%. The company now predicts it will deliver just 12,000 to 14,000 vehicles, down from 20,000 previously, citing ” supply chain and logistics challenges.”

Based in Singapore, Sea Limited (NYSE:SE) operates e-commerce websites for countries in Southeast Asia and Taiwan. Plus, the company offers online video games in Latin America and Southeast Asia. Therefore, international tech market investors might consider a position in SE stock. Source: Postmodern Studio / Shutterstock.com Just as a Bollywood movie is typically rife with action and

Just a week ago, the world seemed a normal place. Yes, tensions were running high but what else was new? Suddenly, Russia actually made good on its implied threat to invade Ukraine, setting off a far-reaching impact that included non-conflict-related names like Gores Guggenheim (NASDAQ:GGPI). But in this case, GGPI stock appears to be a

SoFi Technologies (NASDAQ:SOFI) stock is making the same moves to disrupt finance it was making a year ago. But the cheers of the investing crowd have turned to jeers. Source: rafapress / Shutterstock.com Stock in the online bank, broker and wholesaler are down 27% since 2022 began. This despite a small bounce from the purchase