Finnish telecommunications network tech provider Nokia Corporation (NYSE:NOK) is a stock that has, somehow, been bestowed with meme stock status of late. Social media-savvy retail investors have piled into NOK stock at a mind-boggling rate since the beginning of the year. Source: RistoH / Shutterstock.com Similar to other fan favorites such as GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC), Nokia saw a massive
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There aren’t many better growth stories in the market than The Trade Desk (NASDAQ:TTD). But the TTD stock price suggests investors have forgotten that fact. Source: Shutterstock/ Bella Melo From December highs, the stock has fallen more than 25%. It’s down 15% in just the last four weeks. There are some reasons why. The biggest
Milwaukee-based headphones manufacturer Koss Corporation (NASDAQ:KOSS) is a name that is surfacing quite a bit of late in the investment world. It’s gaining attention as a part of the Reddit-induced retail trading frenzy. KOSS stock continues to witness dramatic trading swings, and its price has shot up over 70% in the past month. It offers
There are often frequent comparisons between Penn National Gaming (NASDAQ:PENN) and Draftkings (NASDAQ:DKNG). However, the companies couldn’t be more different. Penn National owns or has interests in some 40 gaming properties across 19 states, under well-recognized brands such Hollywood Casino and Boomtown. Draftkings, on the other hand, has an app — and it’s a money-losing
Koss Corp (NASDAQ:KOSS) stock has risen over 6 times this year alone, after rising 123% last year. Koss stock ended last year at $3.44 per share and by the end of Jan. shot up to $64, before falling to $11.90 on Feb. 23. As of Mar. 23, Koss stock had more than doubled again to
If you don’t mind adding an element of mystery to your portfolio, consider Pershing Square Tontine Holdings (NYSE:PSTH). Just be advised that, by acquiring PSTH stock, you’ll own a stake in a special purpose acquisition company (SPAC) with a yet unspecified merger target. Source: Dmitry Demidovich/ShutterStock.com Back in January of this year, I cautioned prospective investors
Those who held BioNano Genomics (NASDAQ:BNGO) stock from late December until mid-February had a very happy start to 2021. Source: Connect world / S hutterstock.com BNGO stock rocketed from 51 cents on Dec. 16, 2020 to $15.57 at the close of trading on Feb. 16, 2021. The stock has given up more than a third
It is good news and bad news that those who invest in publicly traded stocks have access to early-stage, unprofitable companies like Romeo Power (NYSE:RMO). RMO stock itself highlights both edges of the proverbial sword. Source: Nick Starichenko/InvestorPlace.com The good news ostensibly is that individual investors can own quality growth stories, even early in their
Plug Power (NASDAQ:PLUG), which is a leading hydrogen-fuel cell operator, seemed to be a sure bet for investors. During the past year, PLUG stock soared from $2.80 to a high of $73. Source: Halfpoint/ShutterStock.com But lately, things have not gone too well. First of all, there was the sell-off of high-growth stocks. The sell-off has
Shares of self-driving technology company Luminar (NASDAQ:LAZR) have been in a slump recently. But that slump may have just ended. The company delivered a strong business update on Thursday, and today LAZR stock popped more than 15%. Source: JHVEPhoto/shutterstock.com We suspected this would happen. Heading into that business update, we wrote that LAZR stock was
Nio (NYSE:NIO) shareholders are discovering that it’s difficult to carry the weight of expectations. NIO stock is down about 11% in 2021. And for now, the bears appear to be in control. To be fair, Nio has been in a far worse situation. But this time investors expect more. And for Nio to reach the
If you know me at all, you know I can’t live without my Dunkin’ Donuts caffeine fix in the morning. Source: Shutterstock I really needed my caffeine today because I was up before dawn getting ready for my new MoneyLine podcast and to take a short trip for business and pleasure. Still, I did the
The rise and proliferation of special purpose acquisition companies or SPACs may itself be in a bubble. Though SPACs have been around for a while, they’ve garnered tremendous popularity over the last several months. Gores Holdings VI (NASDAQ:GHVI) may be a blank-check company worth considering based on its announced merger target Matterport. Given the technology
Would you swap out your current gas-powered car for an electric one? Source: Shutterstock How about if the government gave you a “deep” discount on the new car to get you to do it? That’s what Senate Majority Leader Chuck Shumer told The Verge this week that he would like to see included in a
If you’re interested in capitalizing on the burgeoning electric vehicle charging station market, check this out: Special purpose acquisition company (SPAC) Tortoise Acquisition II (NYSE:SNPR) is preparing for its upcoming merger with Volta Industries, and investors can take a position on SNPR stock before the companies combine. Source: Nick Starichenko/InvestorPlace.com Granted, this isn’t the only stock
This is big. Two of the top 5 richest men on the planet just placed big bets on a new electric car tech. Bill Gates, who famously founded Microsoft… And Jeff Bezos, the billionaire behind Amazon.com… Are backing a new type of battery technology that is promising to change the world as we know it…
Air transportation service company United Airlines (NASDAQ:UAL) is up 43% in 2021 and the short-term momentum in UAL stock appears ripe for a continuation into the future. Source: NextNewMedia / Shutterstock.com Vaccines are being rolled out, cities are re-opening and summer is right around the corner. The Transportation Security Administration (TSA) announced that on March
Investing in what you know is one the simplest investment strategies out there … Source: Shutterstock And it also happens to be the absolute best strategy I have come across in my 20+ years of investing. On today’s new episode of MoneyLine, I want to tell you about my weekend. I was out and about
Figuring out which trade will benefit from a social media boost isn’t merely about looking for an embattled and heavily shorted company. Case in point is UWM Holdings (NYSE:UWMC). More commonly known as United Wholesale Mortgage, it went public via a reverse merger with special purpose acquisition company (SPAC) Gores Holdings IV. SPACs are one
The art of crafting a headline is a difficult one. Personally, I try to refrain from hyperbolic messaging, but at the same time, it can’t be a dull affair – otherwise, no one would read your article. But with my February coverage of BioNano Genomics (NASDAQ:BNGO) and specifically BNGO stock, I pretty much hit out
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