Stock Market

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

Virtual content provider fuboTV (NYSE:FUBO) is known for appealing to sports fans — and for threatening the cable television industry. Hence, traders who support the cord-cutting revolution might consider a position in FUBO stock. Source: Lori Butcher/ShutterStock.com The problem is, some folks don’t take the stock or the company seriously. Once a stock is pigeonholed

We know we’re repeating ourselves, but we’re serious — AMC’s (NYSE:AMC) CEO knows exactly what he’s doing, and this isn’t the last you’ve heard of the soon-to-be-legendary AMC meme stock. Source: Sundry Photography / Shutterstock.com Even if AMC and other meme companies end up retreating into the shadows after their social-driven rise to fame, they’ll be

Among the public market debuts that occurred over the past year or so, Opendoor Technologies (NASDAQ:OPEN) may be among the most fortuitous. Initially, the novel coronavirus pandemic suggested that nothing related to real estate would be worthwhile, which of course clouded Opendoor. But because of the public health crisis, OPEN stock became one of the

It isn’t too late to ride AMC (NYSE:AMC) stock’s massive wave with the rest of the crowd, but you should be prepared to get out of AMC stock before the hype dies. Source: Helen89 / Shutterstock.com Social momentum trading is here to stay. Individual meme stocks may come and go, but we don’t see “meme

The meme stock rally is in full force right now, and as investors in Palantir Technologies (NYSE:PLTR) stock have seen, retail investor support is everything. Source: Ascannio / Shutterstock.com Since the company’s retail investor-fueled rally earlier this year, PLTR stock has lacked the heavy retail buying that brought this stock to a peak of $45.00 per

On the surface, Asensus Surgical (NYSEAMERICAN:ASXC) stock looks like just another sputtering SPAC. Source: Dmytro Zinkevych / Shutterstock.com But it’s not a SPAC. This company came public as TransEnterix back in 2014. It raised $52 million for a robotic surgery system then called SurgiBot. This was a hot stock in 2018, rising as high as

There’s a lot to like about Lucid Motors stock and its SPAC partner Churchill Capital Corp IV (NYSE:CCIV). Lucid is a pure-play on electric vehicles, one of the hottest and potentially biggest growth markets out there today. Source: gg_photography / Shutterstock.com Unfortunately, Lucid Motors stock has too many unanswered questions at this point to be

Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. The bulk of first-quarter earnings have been released, but there are still a few marquee names left to report during the week of May 31. These include a nice sampling of stay-at-home names that have seen monster growth during the global pandemic,

Space tourism company Virgin Galactic (NYSE:SPCE) had its single best trading day on Monday, after its successful spaceflight test. Its oft-delayed test flight finally reached its pre-ordained altitude after its December attempt was cut short. As a result, analysts were quick to jump on Virgin’s bandwagon and have hiked its price targets by over 50%.  However, it