Stock Market

Gamestop (NYSE:GME) reported very good news June 9, and the stock tanked. Source: quietbits / Shutterstock.com An adjusted net loss of 45 cents per share was offset by a sales gain of 25%, to $1.28 billion. This came despite closing 12% of the company’s stores.. As of May 1 there was still $770.8 million of

I believe that Swedish oat milk maker Oatly (NASDAQ:OTLY) has the ingredients, both literally and figuratively, to become very successful over the longer term. Nonetheless, given the gigantic valuation of OTLY stock, I advise investors to wait for a major pullback in the name before buying the shares. Source: Katrinshine / Shutterstock.com Among the strong,

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

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

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:

Oatly (NASDAQ:OTLY) zoomed from $17 per share to over $26 per share after its debut on the NASDAQ exchange. But can OTLY stock continue to climb? Say what you will about the company’s oat milk product, but its nutritional value is debatable. Yet there’s no question that this Sweden-based company is cashing in on the

The epic rally in AMC Entertainment (NYSE:AMC) stock has a lot of people fatigued. And like all meme stock rallies, the latest one involving movie theatre chain AMC is likely to end in spectacular fashion. In one week, AMC stock rallied 157% higher, dropped 33% and then rose again by 25%. It’s been quite the

Pot stocks have seen incredible strength over the past month, and Tilray (NASDAQ:TLRY) has been at the forefront of this cannabis rebound. TLRY stock has maybe seen a slight surge due to social momentum, but unlike other stocks caught up in meme stock trading, this company’s foundation is solid. Source: Shutterstock ETFMG Alternative Harvest ETF

In a world radically changed by the Covid-19 pandemic, online real estate technology company Opendoor Technologies (NASDAQ:OPEN) offers a well-defined value proposition. Yet, the market doesn’t seem to appreciate this as OPEN stock is faltering. Source: PREMIO STOCK/Shutterstock.com There’s no question that the Covid-19 pandemic accelerated the shift from offline to online in multiple markets. In

Paysafe (NYSE:PSFE) is a United Kingdom-based company that makes a specialty of handling gambling payments. Now having gone public through a special purpose acquisition company (SPAC), PSFE stock is being touted as the best way for you to get into iGaming. Source: Sulastri Sulastri / Shutterstock.com Of course, the gambling payments game is not new.

As you may recall, ViacomCBS (NASDAQ:VIAC) investors suffered from collateral damage when Archegos Capital unwound its massively leveraged position in VIAC stock. Source: Jer123 / Shutterstock.com The shares literally lost half of their value within a week. It was a bloodbath, but clear-minded traders should reflect on what actually took place. ViacomCBS wasn’t to blame for this

AMC Entertainment (NYSE:AMC) sold 11.55 million shares of AMC stock on June 3 at $50.85 a share. The stock sale raised $587.4 million in equity proceeds before fees. As a result of the sale, it now has 513.3 million shares outstanding, 10 times the amount a year ago.  Source: Sundry Photography / Shutterstock.com Axios’ Felix

Despite falling 33% since its all time high, Roku (NASDAQ:ROKU) stock ended trade June 3 at $323.80/share. That’s a market cap of $42.8 billion on expected 2021 sales of $2 billion. Source: AhmadDanialZulhilmi / Shutterstock.com Roku stock is punching above its weight because Roku streaming devices beat the Amazon (NASDAQ:AMZN) Fire Stick. By licensing its technology

I should know better than to make price predictions about biotech stocks like Ocugen (NASDAQ:OCGN). Clearly, I don’t have a clue where OCGN stock is headed.  Source: Shutterstock In early May, I wrote a piece about the Covid-19 vaccine candidate, suggesting that it looked ready to blow through $18 a share. It had just doubled

Growth stocks had a rocky time in May, when concerns about inflation resulted in a temporary sell-off. Why did inflation chatter cause such a reaction? It’s not inflation per se that’s the worry. The possible raising of interest rates to combat inflation is the real concern. For now, the Federal Reserve is OK keeping rates

The SPAC train may have been derailed a bit by the sell-off in high-growth stocks, but that doesn’t mean every SPAC is a sell. Take SoFi Technologies (NASDAQ:SOFI) for instance. SoFi stock is a growing fintech company with plenty of opportunity ahead of it. Source: rafapress / Shutterstock.com However, shares have struggled over the last few

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,

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

Stem (NYSE:STEM) stock has traded sideways, since the SPAC (special purpose acquisition company) merger that took it public closed in late April. Months before the closing, when it was known as Star Peak Energy Transition, shares hit prices topping $50 per share. STEM stock investor enthusiasm was off-the-charts for this renewable energy storage play. Source:

Workhorse’s (NASDAQ:WKHS) stock was up both Tuesday and Wednesday, but it really gained steam today. Today’s massive surge in WKHS stock is likely thanks to the current meme stock trading phenomenon. Shares of the electric van company finished Thursday up 28%, but still well below where it traded in February. Source: Photo from WorkHorse.com And