Stocks to sell

Despite some overhyped daily gains, Virgin Galactic (NYSE:SPCE) stock is going nowhere. Source: Brian Friedman / Shutterstock.com The space plane company was initially forged through a special purpose acquisition company (SPAC). It went public as Virgin Galactic in late 2019. Although SPCE stock saw some success during its debut, it has since made a round

Many stocks popular with investors early last year have fallen out of favor in recent months. But few to the level seen with ContextLogic (NASDAQ:WISH). Once trading for as much as $32.85 per share, WISH stock now changes hands for around $2.7 per share. That’s a more than 91% drop from its all-time high. Source: sdx15

Tilray (NASDAQ:TLRY), the Canadian cannabis company, seems to have lost a good deal of its gusto. TLRY stock ended 2020 at $8.26 and then peaked early in 2021 at $63.91 on Feb. 10. But by the end of 2021, it was lower than where it started by closing at $7.03 on Dec. 31. That’s a

The other day, I read a blurb from Short Squeez about Joe Rogan, the one-man media empire. It immediately occurred to me that the good folks at Digital World Acquisition Corp. (NASDAQ:DWAC) ought to have hitched DWAC stock to Rogan rather than the permanently bent former President. Source: Dmitry Demidovich/ShutterStock.com I continue to shake my

Teladoc (NYSE:TDOC) was one of the tech industry’s biggest high-profile losers in 2021. TDOC stock lost more than half its value for the year. In 2020, the company had enjoyed strong tailwinds as clients sought remote medical appointments. In 2021, though, much of this demand abated. Meanwhile, the tide went out on stocks that had

Enphase (NASDAQ:ENPH) has a very strong business and multiple, powerful positive catalysts. Overall, the company’s outlook is superb. However, its stock on the other hand, is another matter. ENPH stock is overvalued and unlikely to perform very well in 2022. Source: IgorGolovniov / Shutterstock.com Additionally, I believe that other equities in the solar-energy sector are

Investing in initial public offerings (IPOs) can be fun and profitable if you pick the right ones. Nevada-based Society Pass (NASDAQ:SOPA) just had its IPO in November of 2021, and SOPA stock is tradable today on the Nasdaq exchange. Source: Shutterstock Society Pass describes itself as a “leading Southeast Asian data-driven loyalty platform.” The company has over

Canadian marijuana producer Tilray (NASDAQ:TLRY) became the largest cannabis producer in terms of revenue after its merger with Aphria last year. With such a massive development, many thought that TLRY stock would have zoomed to new heights. However, it has shed around 60% of its value in the past six months. Source: Jarretera / Shutterstock.com

Zillow Group (NASDAQ:ZG) is a prime example of how badly things can go when you believe overconfidence can make up for poor execution. At least, that’s the takeaway from the real estate listing platform’s failed attempt to dominate the iBuyer business. Unfortunately, it’s not management that’s paying the price. Instead, that would be the investors who

A few weeks back, I broke down the pros and cons of buying ContextLogic (NASDAQ:WISH) as it sits at fire-sale prices. The verdict? Investors were not wrong in sending WISH stock, a one-time meme stock favorite and busted growth story, from as much as $32.85 per share to around $3 per share. Furthermore, I opined there

Sometimes one of the biggest clues you can get as an investor is to examine what company insiders are doing with their stocks. After all, if the CEO doesn’t have confidence that the company’s shares will hold value, why should you? That brings us to the unfortunate tale of ContextLogic (NASDAQ:WISH) stock Source: sdx15 /

Many had hoped that the retail trading frenzy and the strategic shift toward eCommerce would breathe new life into Naked Brands (NASDAQ:NAKD) stock. However, in a bizarre turn of events, the intimate-apparel company is pivoting toward commercial electric vehicle (EV) technology. Though it’s a fascinating prospect for the company, it comes with plenty of risks,

Affirm Holdings (NASDAQ:AFRM) stock is down 26% in the last month. The market’s honeymoon with Buy Now, Pay Later (BNPL) is over. Source: Piotr Swat / Shutterstock.com Many finance and tech stocks fell in December. Affirm failed to bounce back in the market’s comeback. It’s trading today at around $101 per share with a market

Progenity (NASDAQ:PROG) is a clinical-stage biotech company. PROG stock completed its initial public offering (IPO) in 2020 at $15 per share. Source: Mongkolchon Akesin / Shutterstock.com The company would suffer a rapid and complete fall from grace, however. At the time of the IPO, Progenity aimed to be a molecular research company and had actual

There were both positive and negative aspects of GameStop (NYSE:GME) stock and its third-quarter earnings report. Source: quietbits / Shutterstock.com On the positive side, I think that the company is taking multiple steps that will move it closer to its goal of becoming an e-commerce giant, and the retailer was able to generate significant year-over-year

StoneCo Ltd. (NASDAQ:STNE) is a Cayman Islands-based financial technology solutions company operating in Brazil. STNE stock began trading in 2018 with an initial public offering price of $24, raising then $1.22 billion in total proceeds. Source: Shutterstock This has been a dramatic year for STNE stock, having lost nearly 80% in value since Jan. 1.

Rivian (NASDAQ:RIVN) recently reported its first earnings report as a public company. The results disappointed Wall Street, and RIVN stock fell. It gained some of those losses back, but still trades at about half of its recent highs. Source: Michael Vi / Shutterstock Many investors (including myself) questioning the stock’s valuation. To be fair, many

EV charging company ChargePoint’s (NASDAQ:CHPT)  revenue grew rapidly again last quarter. However, the market hasn’t paid much attention to that, and CHPT stock has lost over 28% of its value in the past month. Source: Michael Vi / Shutterstock.com The company wants investors to believe that it’s a software-as-a-service (SaaS) company, but the margins and

Bakkt Holdings (NYSE:BKKT) stock has garnered recent attention primarily because it is a catchall for the digital economy. The world is eager to understand how to capitalize on what many see as a revolution in digital assets.  Source: Shutterstock The firm operates a regulated platform allowing consumers to store “digital assets, access liquidity and trade,

SoFi (NASDAQ:SOFI) reported third-quarter results that showed strength in some areas. But the company remains unprofitable and its EBITDA actually dropped year-over-year last quarter, while a number of the bulls’ main theory theories on the company appear to be misguided. Moreover, boding badly for SOFI stock, many entities sold the shares in recent months, and