In case you haven’t noticed, the whole world is in the midst of supply chain crisis. Long story short, thanks to Covid-19 disrupting global supply chains, businesses can’t find enough parts – or people – to meet demand. One of the industries hit hardest by this is the auto sector. That’s because in order to
Stock Market
To put it simply, Vinco Ventures (NASDAQ:BBIG) likes to acquire businesses with a technology slant. If you like those businesses, then BBIG stock should pique your interest. Source: shutterstock.com/Postmodern Studio As we’ll see, Vinco Ventures certainly sparked the market’s interest earlier this year, to the point where the share price quadrupled in value. Whether that’s a
Oh snap! That’s what Snap (NYSE:SNAP) shareholders were saying yesterday when the stock plunged 25% in a single day after the company reported disappointing third-quarter numbers. Source: Ink Drop / Shutterstock.com Actually, it wasn’t just Snap shareholders saying that. It was shareholders of all tech and digital advertising stocks. Facebook (NASDAQ:FB). Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Twitter
Faced with rapidly plummeting revenues and a persistent loss-making marijuana business, cannabis producer Sundial Growers (NASDAQ:SNDL) has subsequently pivoted to an investing game that former industry giant Aurora Cannabis (NASDAQ:ACB) gave up on last year. Could fortunes be different for SNDL stock investors? Source: Postmodern Studio / Shutterstock.com In a new business strategy that meme
Sundial Growers (NASDAQ:SNDL) has been one of the most fascinating corporate turnarounds of the past year. A little over a year ago, SNDL stock was trading for less than 14 cents and the company seemed to be on the brink of bankruptcy. Then the Reddit WallStreetBets phenomenon happened. SNDL stock exploded in a massive short
Tilray (NASDAQ:TLRY) stock surged 16% on Tuesday on massive volume. Nearly 70 million shares changed hands in a single session as Tilray delivered its most encouraging day in quite a while. Source: Jarretera / Shutterstock.com In the broader view, however, Tilray’s jump barely registers on a long-term chart. You may recall that TLRY stock initially
After a two-month slide, Pfizer (NYSE:PFE) shares are finally moving in the opposite direction. Over the past two days, PFE stock is up by nearly 3%. Source: photobyphm / Shutterstock.com The rebound was sparked by investors anticipating the approval of Pfizer’s Covid-19 vaccine for children ages five to 11 in the U.S. and Canada. If that
Early in the pandemic, there was a certain logic to buying shares of Carnival (NYSE:CCL). If you had a tolerance for risk and the ability to wait, buying CCL stock at a bargain price was a no-brainer. Today, the stock price is 172% higher and the decision to buy can become an emotional one. I’d
Clean Energy Fuels (NASDAQ:CLNE) may seem like a busted meme stock. But there’s a lot more to CLNE stock than that. Traders active on social media weren’t wrong for being bullish on this renewable natural gas (RNG) purveyor earlier in 2021. They were just bullish for all the wrong reasons. Source: ZikG / Shutterstock.com The “green
Lucid Motors (NASDAQ:LCID) and a number of other EV stocks have performed really poorly lately. Sept. 1 was not a good day for LCID stock, which closed lower more than 10% on the day. Source: ggTravelDiary / Shutterstock.com However, at the session low, Lucid Motors stock was down almost 20%. Even though it was bid
Ocugen Inc (NASDAQ:OCGN) is a clinical-stage biopharmaceutical company. A penny stock in 2020, shares neared the $16 level in early February. At that point, OCGN stock had posted an eye-popping gain of 5,352% between then and mid-December 2020. Source: shutterstock.com/PhotobyTawat As you’ve no doubt guessed, that massive stock growth is all about a Covid-19 vaccine
Nio (NYSE:NIO) stock deserves to be valued as it has been, and it may still be worth a buy. Source: xiaorui / Shutterstock.com The Chinese electric vehicle maker rolled 50,000 cars off the assembly line in July 2020, in the teeth of the pandemic. In early April of this year, it passed the 100,000 mark,
Cold warriors seem to want Alibaba (NYSE:BABA) to fail. They’re spinning the company’s problems and the nearly 50% drop in BABA stock as a personal story, as the fall of founder Jack Ma. He defied the political leadership and paid the price. To hear them tell it, President Xi Jinping is just Mao Zedong in
Roblox Corporation (NYSE:RBLX), which enables users to enter virtual communities, known as the metaverse and create the own video games, has many positive attributes and great growth potential. What’s more, its management team appears to be adept both at making lucrative deals and adding captivating, new features to the company’s metaverse. Still, like many stay-at-home
After taking investors on a miserable ride for several years, General Electric (NYSE:GE) shares are showing promise. Over the course of just three and a half years, the struggling multinational saw its stock lose over 80% of its value. Once the world’s most valuable company, GE stock collapsed in an epic fashion. However, the turnaround
Interestingly enough, most U.S. stock traders probably didn’t think much about Chinese ride-hailing giant Didi Global (NYSE:DIDI) until DIDI stock tanked recently. Both the company and the stock have been in the headlines lately, but not with positive news. Source: Piotr Swat / Shutterstock.com Some dabblers in Chinese stocks have learned the hard way that China’s
The market is hot right now for meme stocks. Over the last 12 months, we have seen the rise of innumerable novel investment strategies. Whether it is the rise of SPACs, special-purpose acquisition companies, or electric vehicle stocks, it has been unprecedented for the markets. But none of the new investment themes is as astounding
North America’s largest supplier of flat rolled steel, Cleveland-Cliffs (NYSE:CLF), saw its shares pop on Monday. CLF stock closed on Oct. 8 at $20.63, but ended Monday’s session at $21.46 for a 4% pop. Source: Pavel Kapysh / Shutterstock.com The catalyst? On Monday, the company announced it is acquiring Detroit-based Ferrous Processing and Trading Company
QuantumScape (NASDAQ:QS) has had a difficult 2021. After topping out just below $133 per share in December, QS stock has lost more than 80% of its value. It’s been tripped up by a number of things recently, including insider stock sales, a devastating short-seller report and a washout within the special purpose acquisition company (SPAC)
Skivvies and clean tech. Has the market ever seen such an odd couple? So it is with Naked Brand (NASDAQ:NAKD). In the days following the announcement of news that the lingerie and swimwear retailer found a “disruptive opportunity in the clean technology sector,” investors had a “WTF?” moment that sent NAKD stock down almost 21%.
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