Stock Market

As you know, GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings, Inc. (NYSE:AMC) have been under the spotlight these past two weeks following the big Reddit short squeeze. I’ll discuss far more in-depth about the Reddit Revolution in my Breakthrough Stocks February Monthly Issue tomorrow, but today I’d like to spend some time discussing one of the biggest short
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Although I haven’t been an ardent supporter of Virgin Galactic (NYSE:SPCE), I can appreciate the appeal of the underlying space tourism industry. There’s the romance of the ultimate frontier, and more importantly,  industry projections are quite intriguing if you believe in the viability of SPCE stock. Source: Tun Pichitanon / Shutterstock.com According to IBISWorld, commercialized
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Welcome to Reddit-land! Source: Shutterstock Thanks to this online stock-chat forum, numerous previously unloved stocks have been rocketing higher over the past few weeks. Reddit has become a powerful, albeit narrowly focused, force in the stock market. In recent days, Reddit traders have sunk their teeth into heavily shorted names like GameStop Corp. (NYSE:GME), AMC Entertainment Holdings
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Founded in 2014, Chinese startup car manufacturer Nio (NYSE:NIO) is still a relatively young electric vehicle (EV) company. However, it’s now worth more than General Motors (NYSE:GM). Though, General Motors’ sales overshadow both Tesla’s (NASDAQ:TSLA) and NIO’s. GM sold more than 3 million vehicles in China in 2019. If that is making your head spin,
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The fine folks at Reddit already think I’m a useless pile of manure so this take will be injurious to me because it might strike a little too close to home. Nevertheless, I think it’s substantially relevant for Pershing Square Tontine (NYSE:PSTH), the special purpose acquisition company that billionaire activist investor Bill Ackman sponsors. As
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NIO’s (NYSE:NIO) relentless uptrend, which accelerated in the last few months, is showing no signs of fatigue. Nio stock is benefiting from several stock sales and convertible notes offering. The cash raised is not hurting Nio stock yet. Demand for the hot stock gives the company many more opportunities to strengthen its balance sheet. Source:
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Companies like Electrameccanica Vehicles (NASDAQ:SOLO) are trying to ride on Tesla’s (NASDAQ:TSLA) coattails with their electric vehicles (EVs). However, SOLO shares have cratered from their 52-week high of $13.60 per share down to single digits. Nevertheless, the stock remains highly inflated. Competition in the broader EV space is heating up. And even though Electrameccanica has a
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