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,
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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
Ocugen (NASDAQ:OCGN) stock has surged by over 2,600% in the last year. This rally is not surprising, since Ocugen and Bharat Biotech have signed a deal to co-develop a novel-coronavirus vaccine candidate, Covaxin. However, it’s also worth noting that OCGN stock is well below its recent high of $18.80. Source: Shutterstock After a deep correction,
The meme stock phenomenon seemed like it was over and done with. But, as seen from the latest movement from GameStop (NYSE:GME) stock, it’s not over just yet. Looking to beat the so-called “smart money” at their own game once again, retail investors, such as those active on Reddit’s r/WallStreetBets subreddit, are back in the
As most people spent the majority of 2020 stuck at home, many realized that they wanted to spruce up their surroundings. If they were going to spend so much time at home, why not take some of that extra free time from not commuting and add some upgrades into their homes. This created a strong
If you want to speculate on Light Detection and Ranging (LiDAR), a technology for making cars autonomous or at least safer, the place to be has been MicroVision (NASDAQ:MVIS). Source: temp-64GTX/Shutterstock.com This doesn’t mean MicroVision has what will be the standard solution. But it’s certainly where the action is, the volatility and the wild price
United Airlines (NASDAQ:UAL) stock has had a pretty good year so far. As of May 27, UAL stock is up over 36.7% year-to-date (YTD). It’s also up 100% over the past year. This is despite the heavy dilution from a number of equity capital raises in the last 12 months. Source: travelview / Shutterstock.com I suspect
Over the past decade, marijuana has enjoyed a huge turnaround. The drug used to be illegal almost everywhere, but now, it’s widely available in much of North America. Investors have understandably piled into cannabis stocks to ride the boom. Is another such societal transformation under way? Source: Shutterstock Last November, Oregon legalized psychedelic mushrooms. That
Investors looking for a high-risk, high-reward investment in a vaccine maker should consider buying a small amount of Vaxart (NASDAQ:VXRT) stock. Source: Ascannio / Shutterstock.com Vaxart has developed a vaccine candidate for the coronavirus unique from its shot-reliant competitors in the form of a pill. The results of a Phase 1 trial of the pill