Stock Market

Among the most beaten-down market sectors during the onset of the novel coronavirus was the cruise-line industry. For a while, it seemed as if the investing community hated Norwegian Cruise Line (NYSE:NCLH). The share-price rout in NCLH stock was absolutely relentless. Source: Roberto Sorin / Shutterstock.com Things certainly have changed during the past year, however. Today,

It was a manic Monday for Aphria (NASDAQ:APHA) stock, which plunged 14% to $13.92. The reason was simple: the company’s earnings were downright awful. Source: Shutterstock And the bad news spread across the cannabis sector. Stocks like Canopy Growth (NASDAQ:CGC), Cronos Group (NASDAQ:CRON) and Tilray (NASDAQ:TLRY) got hit as well. So what were the numbers

Shell company Churchill Capital Corp IV (NYSE:CCIV) will soon merge with the much-talked-about luxury electric vehicle (EV) maker Lucid Motors. Lucid appears to have the technology and strategy to threaten Tesla‘s (NASDAQ:TSLA) hegemony in the EV sector. Despite not having sold a single car, Lucid was worth a mind-boggling $104 billion at one time, more

Coinbase (NASDAQ:COIN) is scheduled to go public on April 14 in a direct listing that will see America’s largest cryptocurrency exchange sell shares directly to investors, foregoing the traditional initial public offering (IPO) process. Source: Primakov / Shutterstock.com As I write this, a reference price has yet to be set. Nasdaq will set this price

The cruise industry has been one of the least performing sectors in the past year, but major cruise liners have gained handsomely. For example, shares of Royal Caribbean Cruises (NYSE:RCL) are up more than 32% in the past six months, despite its ships being docked since March 2020. Cruise ship operators are riding a wave

BioNTech (NASDAQ:BNTX) stock is sitting on a 48% gain in 2021. And over the last 12 months BNTX stock is up over 168%. The reason is that the company, in partnership with Pfizer (NYSE:PFE), was the first to market with a Covid-19 vaccine. Source: Shutterstock However the significance of the vaccine is about more than

Holding steady at just under $40 per share, can Nio (NYSE:NIO) stock rebound back its past highs? Don’t count on it. Sure, its recent delivery numbers may have been satisfactory. But, with shares in the China-based electric vehicle (EV) company still trading as if recent growth will carry on in the years ahead, shares have

Bill Gates appeared on CNBC on Good Friday to discuss his climate-related work for the Economic Club of New York. The conversation veered off into the wild and wooly world of special purpose acquisition companies (SPACs). Gates, an early backer of QuantumScape (NYSE:QS) and QS stock, suggested that people do what he’s doing and only

The high point for ChargePoint (NYSE:CHPT) in 2021 was when CHPT stock hit $46.30 in mid-January. Not quite an all-time high ($49.48 on Christmas Eve 2020), it’s clawed back from its March lows below $20.  Source: YuniqueB / Shutterstock.com Now trading around $28 as I write this, I’m wondering if the electric vehicle (EV) charging

Genius Brands International (NASDAQ:GNUS) has really transformed itself. In the space of a little over one year, the company has raised over $140 million in cash proceeds. In addition, the company has no debt. Moreover, it has become a major independent kids’ studio and media channel. As a result, GNUS stock has risen 6.55 times

Two factors knocked the wind out of Churchill Capital IV (NYSE:CCIV) stock. First, when the rumors of this SPAC’s (special purpose acquisition company) merger with Lucid Motors became fact, investors sold on the news. That’s why the stock, which skyrocketed more than six-fold ahead of the announcement, plunged in late February. Source: T. Schneider /

Workplace collaboration hub Slack Technologies (NYSE:WORK) has been one of the biggest beneficiaries of the novel coronavirus pandemic lockdowns. Social distancing guidelines have been inconvenient generally, but they’ve seemingly only strengthened the bull thesis for WORK stock. Source: Sundry Photography / Shutterstock.com Incorporated in 2009, Slack has proved to be an integral part of the

A funny thing has happened to the NASDAQ 100 and the Invesco QQQ Trust (NASDAQ:QQQ), the exchange-traded fund which tracks that index. QQQ stock is falling behind. Source: Shutterstock Admittedly, “falling behind” might be a bit hyperbolic. Investors in QQQ stock still have seen total returns over 3% so far in 2021. In a still-roaring

Autonomous cars are coming… and they’re coming fast. And analysts now believe that one out of every 10 cars sold will be autonomous by 2030. Since October 2020, Google’s Waymo startup has been allowing people to hail their self-driving cars through an app — a program that has been received incredibly positively. Many could be

The Reddit army of intraday traders seem to be changing the rules of the game. Targeting the heavily shorted stocks is one of the top trading strategies of the Reddit army. A Bloomberg article points out that “there are dozens of ways to pick stocks, but few have been as unconventional – or as successful

This might be the third or fourth time I’ve been asked to check in on Naked Brands (NASDAQ:NAKD). Each time, I’ve wondered why the stock is drawing interest. And each time I’ve come to the conclusion: because it can. Is that a good reason to buy NAKD stock? No, but it’s all I had. Source:

On Monday, GameStop (NYSE:GME) stock nosedived 10% after the firm announced a 3.5 million share shelf registration. But as Reddit’s r/WallStreetBets machine sprang to life, share prices started to climb back. Within hours, GME stock had regained virtually all lost ground. Source: Shutterstock Ordinarily, markets should shudder at an offering of that size; GameStop’s program

If you’re basing your analysis on its 2019 results, TripAdvisor (NASDAQ:TRIP), and its TRIP stock, might look like a bargain. Source: Tero Vesalainen / Shutterstock.com TripAdvisor posted a profit of $126 million, 90 cents per share of TripAdvisor stock, on revenue of $1.56 billion in 2019. That would seem to justify a market capitalization of

One of the stocks that hasn’t had such a good March is Palantir Technologies Inc. (NYSE:PLTR). Indeed, shares of PLTR stock are down well over 10% from the peaks this past month. It appears investors are continuing to digest a myriad of issues plaguing this stock. Source: rblfmr / Shutterstock.com As I pointed out in a recent piece,

CBAK Energy Technology (NASDAQ:CBAT) is a manufacturer of high-power lithium batteries, primarily generating sales from the Chinese market. Despite stumbling in the past few months, CBAT stock is up a whopping 1,217% in the past 12 months. A lot of it is down to the company’s hype as a bona fide player in the electric