Month: April 2021

A commonly used adage in the financial-world is “sell in May and go away.” The reason is a relative under-performance in the markets between May and October. With that in mind, it might be a good time to look at some stocks to sell in May. If we look at the S&P 500 index average
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What Happened to the Shopify Stock Price Today? Shopify (NYSE:SHOP) stock popped more than 10% on Wednesday after the e-commerce solutions provider reported very strong first-quarter 2021 numbers, topping the Street’s revenue and profit expectations. SHOP stock is now up 18% year-to-date, 104% over the past year, and 910% over the past three years. Watch
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In this article ENPH Solaray Director Jonathan Fisk moves a solar panel at the solar power installation company’s Sydney facility. Jason Reed | Reuters Shares of Enphase Energy dipped more than 14% on Wednesday after the company warned about the ongoing impacts of the chip shortage. For the first quarter the company, which makes microinverters
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Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Alphabet reported record profit for the second consecutive quarter, earnings of $26.29 per share compared to a consensus estimate of $15.82 a share. Revenue beat forecasts, and the Google parent also announced a $50 billion share buyback. Shares jumped 5.1%
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Upon its merger with special purpose acquisition company (SPAC) Flying Eagle Acquisition, Skillz (NYSE:SKLZ) stock was introduced to the trading community and a wild, volatile ride began for SKLZ stockholders. Source: Rawpixel.com/Shutterstock.com You might say that history was made because Skillz was actually the first publicly traded mobile e-sports platform. At the time of the merger, Skills
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Capitalism, at least in its pure theoretical form, is supposed to reward success and punish failure. Build a better mousetrap, sell enough units at a sufficiently high markup, and you’ll prosper. Burn through billions of dollars of investors’ money without showing a profit, and you should cease operations and find yourself another line of work.
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This week, Microvision (NASDAQ:MVIS) briefly became the most-mentioned company on Reddit’s r/WallStreetBets subreddit. It didn’t matter that the 28-year-old firm had never seen a profitable year, nor that its lidar (light detection and ranging) technology lags years behind the competition. Every time a Reddit user posted their six-digit gains from MVIS stock, more people bought
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CNBC’s Jim Cramer on Tuesday expressed some disappointment in Tesla‘s first-quarter earnings report and subsequent conference call. “I have to be somewhat critical. This was not the blowout quarter,” Cramer said on “Squawk on the Street,” describing the numbers released Monday by the electric vehicle maker as “very good” relative to certain industry peers. He
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