Asana (NYSE:ASAN) went public via a direct listing in September 2020 with shares kicking off trading around $30 each. It took until mid-2021 for Asana to really hit its stride, however. ASAN stock rocketed from around $40 to $145 in the span of a few months last summer. Source: rafapress / Shutterstock.com As has now
Month: February 2022
Kerkez/iStock via Getty Images Overview OceanFirst (OCFC) is an NJ-based regional bank serving the Northeast U.S., covering New England, NY, NJ, PA, DE, DC, and MD. Operating with 47 full-service branches, the bank has a balance sheet of $11.7 billion as of December 2021. The bank is a real-estate-focused lender with a loan portfolio that
In this article LATGU FOUN A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) The oversaturated SPAC market is continuing to get
In this article QRVO SPOT ALGN QCOM FB A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines after the bell Wednesday: Meta Platforms — Shares of the Facebook parent plunged more
In the 16 months that FuboTV (NYSE:FUBO) has been trading publicly, FUBO stock has posted a small gain. If you look at that without any context, you’d say the stock was a good-but-not-great performer. Source: Lori Butcher/ShutterStock.com However, if the last two years have taught investors anything, it’s that context matters a whole lot. FUBO
AMC (NYSE:AMC) stock has been struggling for the past few months, and it is now at its lowest point in the last year. That’s a bad omen for mem stock investors. Source: viewimage / Shutterstock.com AMC is reportedly in the midst of talks to refinance debt to lower their interest burden. This would also see
Will the real Rivian (NASDAQ:RIVN) please stand up? Six days after going public, RIVN stock charged to a closing price of $172.01. That was 128% above its initial public offering (IPO) price of $78. But as of this writing, the stock can be had for 17% below its IPO price. Source: James Yarbrough / Shutterstock.com
With so many things to consider when deciding whether or not to buy a stock, it’s easy to omit some important considerations. The stop-loss order may be one of those factors. When used appropriately, a stop-loss order can make a world of a difference. And just about everybody can benefit from this tool. Key Takeaways
The Chart of the Day belongs to the agricultural commodities company Archer-Daniels-Midland (ADM). We are in the midst of a bull market in agricultural commodities and ADM is one of the largest players. I found the stock by sorting Barchart’s All Time High list first for the highest Weighted Alpha and technical buy signals, then
In this article MSTR BTC.CM= Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as
In this article @W.1 Armored personnel carrier (APC) of the 92nd separate mechanized brigade of Ukrainian Armed Forces move to park in their base near Klugino-Bashkirivka village, in the Kharkiv region on January 31, 2022. Sergey Bobok | AFP | Getty Images The highly unpredictable nature of Russia’s threat against Ukraine has rippled across financial
SoFi (NASDAQ:SOFI) provides student loans, personal loans and mortgages. It is headquartered in San Francisco and has offices across the globe. During the last three months, SOFI stock has been down more than 45%, putting it in a precarious position among growth stocks. Source: rafapress / Shutterstock.com It is important to be aware of the
After a rough few weeks, Rivian Automotive (NASDAQ:RIVN) — like other major electric vehicle (EV) stocks — has started to bounce back. Starting on Jan. 31 when it surged 15%, RIVN stock has been trending higher. After falling to a low of around $50 per share, the stock is back to the $64 mark. Source:
Novavax (NASDAQ:NVAX) made a strong move to the upside earlier this week on a regulatory filing that was long overdue. The stock is now a pale shadow of its old self, having pulled back notably from its all-time high of $331.68 reached on Feb. 9, 2021. Source: vovidzha / Shutterstock.com Novavax held a lot of
Sean Gallup/Getty Images News Alphabet (GOOG) (NASDAQ:GOOGL) has solid fundamentals and great growth figures, but the cloud segment is not big enough to move the needle. This is a great investment in the digital economy, but for investors who want more exposure to the cloud segment, other big tech companies may be a better option.
CNBC’s Jim Cramer said Tuesday that now is the time to ditch stocks of unprofitable companies. “This is your chance to free yourself of those companies … that don’t have any revenues, don’t have any earnings, all 50 times sales,” Cramer said on “Squawk on the Street,” referring to stocks that sell at high price-to-sales
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: Alphabet — Shares of the Google-parent rose more than 7% in extended trading after the company beat on the top and bottom lines for its quarterly results. The
The argument that the market overhyped Rivian Automotive (NASDAQ:RIVN) stock for the first week after its initial public offering (IPO) is valid. It got too hot too quick. There was little to substantiate it running to $172 within a week of its $100 IPO. That is well above target prices and it seems that Rivian
DraftKings Inc. (NASDAQ:DKNG) has started 2022 with poor performance, contrary to what investors may have expected. DKNG stock has lost approximately 16% of its value year-to-date (YTD) and currently trades just above $23. Source: Tada Images / Shutterstock.com A few months back, specifically in late September, I wrote that “It’s time to bet against more
SoFi Technologies (NASDAQ:SOFI) is really shaking things up in 2022, which can only be good for beleaguered SOFI stock. Source: rafapress / Shutterstock.com In mid-January, the company announced it finally got approval from the Office of the Comptroller of the Currency and the Federal Reserve to operate a bank subsidiary, which will be called SoFi