Stock Market

Netflix (NASDAQ:NFLX) stock popped nearly 3% in early morning trading on Jul. 15. The leap came after the video-streaming leviathan solidified its plans to enter the video-game space. Specifically, Netflix announced its pick for vice president of video game development, Mike Verdu — formerly of Electronic Arts (NASDAQ:EA) and Facebook (NASDAQ:FB). This is undoubtedly exciting
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The short-squeeze rally in meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) is poised to go down in financial history books in terms of shareholder gains. However, a short squeeze is only a temporary phenomenon if the underlying business lacks solid fundamentals. This would be true even for GameStop and AMC if their sky-high
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Covid-19’s disruptive influence wasn’t limited to publicly traded securities already trading on the market. The schedule for initial public offerings, or IPOs, was also thrown for a loop. However, a dramatic decrease in Covid cases set the stage for a rush of new stocks. To understand the dynamics of IPOs, I highly recommend reading books
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Previously, I’ve taken a cautious view of FuboTV (NYSE:FUBO) stock. The company, a combo streaming/sports betting play, appeared to be at a long-term disadvantage, due to the high competition from larger, deeper-pocketed rivals. Source: monticello / Shutterstock.com In hindsight, that appears to be a short-sided view. Taking another look at the details, it’s clear there’s
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In the last seven weeks, shares of Virgin Galactic (NYSE:SPCE) stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration (FAA) approved Virgin to carry passengers into space. Source: Tun Pichitanon / Shutterstock.com At the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact,
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For a brief moment in June, the Reddit trader army set its sights on Wendy’s (NASDAQ:WEN) stock. Chalk it up to an inside joke among r/WallStreetBets subreddit posters. Or perhaps a love of the fast food chain’s chicken sandwiches motivated the meme crowd. But, whatever the reason was, the short-lived rip, which took WEN stock
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The post-pandemic reopening discussion usually centers around travel-related companies such as cruise ships and airlines. One of the surprise booms has come from the apparel industry. According to industry data, consumers have been buying apparel at remarkable rates. One of the winners in this category may be Revolve Group (NYSE:RVLV), a fast growing online fashion
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Shareholders of biotechnology company Novavax (NASDAQ:NVAX) continue to ride a rollercoaster of highs and lows, and many might be wondering when they can get off the NVAX stock ride. Source: Ascannio/Shutterstock.com NVAX stock reached a 52-week high of $331.68 a share on February 8th. It then fell 54% before rebounding and climbing 70% higher. However,
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