When Discovery (NASDAQ:DISCK) quietly rose from a year-long $20.00 to 22.50 range in 2020, few investors talked about it. Between Feb. and March, value investors could not explain Discovery stock breaking out to a high of $78.14. Source: Iftekkhar / Shutterstock.com Only after Archegos Capital imploding on Mar. 28 did markets fully comprehend what drove
Month: April 2021
AvePoint Inc. reported preliminary first quarter 2021 results on April 14. The largest data management solutions provider for Microsoft 365 is set to merge with special purpose acquisition company (SPAC) Apex Technology Acquisition (NASDAQ:APXT). Once the merger is complete, APXT stock will change to AVPT, but remain on the same exchange. Source: Dmitry Demidovich/ShutterStock.com Ironically,
What Happened to the Skillz Stock Price Today? Source: Shutterstock Shares of mobile esports technology company Skillz (NYSE:SKLZ) have staged an enormous rebound over the past few days, with SKLZ stock up more than 35% since Tuesday. The catalyst? A bunch of buying from a well-respected growth-focused investment fund. Why It Happened In 2020, Cathie
SpaceX’s Crew Dragon spacecraft Endeavour docks with the International Space Station on April 24, 2021. NASA TV The second operational SpaceX crew mission arrived at the International Space Station early on Saturday morning, carrying four astronauts for a six month stay in space. SpaceX’s Crew Dragon spacecraft ‘Endeavour,’ which launched on a Falcon 9 rocket
Take a look at some of the biggest movers in the premarket: American Airlines (AAL) – The airline lost $4.31 per share for the first quarter, one cent a share less than consensus estimates. The stock rallied 3.6% in the premarket after American said its cash flow turned positive by the end of the quarter,
The novel coronavirus pandemic has disrupted the cruise industry globally. Prior to 2020, the industry had been experiencing a years-long boom. Now that a bet on the global reopening of the economies is gaining momentum, is it the right time to buy cruise stocks such as Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) stock? There are
What Are the Best Times to Trade Stocks? Unlike traditional investing, trading has a short-term focus. The trader buys a stock not to hold for gradual appreciation, but for a quick turnaround, often within a pre-determined time period whether that is a few days, a week, month, or quarter. And of course, day trading, as
After languishing for most of 2020 as a penny stock, Ocugen (NASDAQ:OCGN) popped to a 52-week high in February. However, OCGN stock was not a participant in meme stock mania. Investors were bidding up the stock because of its potential role in bringing an end to the novel coronavirus pandemic. Source: Cryptographer / Shutterstock.com Ocugen
AST SpaceMobile Stock Price Today Source: Shutterstock Shares of space telecom company AST SpaceMobile (NASDAQ:ASTS) have been on a huge, multi-week downtrend, in which ASTS stock slipped from $25 in early February, to $7 by mid-April. But ASTS stock has reversed course sharply over the past few days. Since Monday, AST SpaceMobile stock has soared
FG Trade | E+ | Getty Images Company: Harmonic Inc. (HLIT) Business: Harmonic provides video delivery software, products, system solutions, and services worldwide. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The
A traveler wearing a protective mask speaks with an attendant at the Southwest Airlines check-in area at Oakland International Airport in Oakland, California, U.S., on Tuesday, Jan. 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. AT&T — The telecom and media stock jumped 4.6%
At less than one dollar per share, Castor Maritime (NASDAQ:CTRM) stock is an interesting option for investors. Source: Pavel Kapysh / Shutterstock.com The firm just raised $125 million at 65 cents per share as of April 5. And now, CTRM stock sits at 48 cents. This drop has been going on for a while, as I
Overall, weed stocks could see higher highs. For one, according to a Gallup poll, support for legalization is now up to a new high of 68%. That’s now double the 34% approval rating of 2000. Even the Pew Research Center found that 91% of U.S. adults say cannabis should be legal for medicinal and recreational
Editor’s Note: This article is a part of our “If You Only Buy One Stock” series where we look at 2021’s most popular investing trends and have our top financial journalists make their very best pick. Click here to see more names for your must-buy list. Source: Shutterstock Penny stocks are all the rage these
Secretary of Energy Jennifer Granholm speaks during the daily press briefing on April 8, 2021, in the Brady Briefing Room of the White House in Washington, DC. Brendan Smialowski | AFP | Getty Images Energy Secretary Jennifer Granholm on Friday emphasized the need for the world to come together in an effort to tackle climate
Traders on the floor of the New York Stock Exchange. Source: NYSE The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news. Hot topics in markets will continue to be inflation and taxes. President Joe Biden is expected to detail
Most rational arguments I’ve heard and read about Sundial Growers (NASDAQ:SNDL) stock in 2021 arrive at the same conclusion — avoid this investment. Most of my InvestorPlace colleagues are bearish on it. I know I certainly am. At no point have I thought or written that anyone should invest in SNDL stock. Source: Shutterstock Investors
Say you are reading the paper, and you notice that a certain fund will be closing its doors to new investors by the end of the current business day. What exactly does this mean? Should you rush to invest in it, increase your holdings in it or rush to sell? Listed below are the characteristics
Investor interest in SPAC (special purpose acquisition companies) continues to wane. Especially for EV (electric vehicle) SPAC plays like Churchill Capital IV (NYSE:CCIV) stock. As you likely know, this blank-check company is merging with EV startup Lucid Motors. Lucid may be laying down the foundation to become a profitable high-end electric vehicle maker. Source: ggTravelDiary
Between January and March of last year, Norwegian Cruise Line (NYSE:NCLH) stock went from $60 to $10. Source: Vytautas Kielaitis/shutterstock.com It’s a plunge that seems to make some sense. Obviously, the novel coronavirus pandemic shut down the cruise industry. But at the same time, the depth of the plunge seemed overwrought. Within a couple of
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