It’s been a great year for initial public offerings (IPO). Array Technologies (NASDAQ:ARRY) recently joined the big list of 2020 IPO winners. The company IPOed just last month at $22 per share. Array stock opened trading at $32, and now, just a month later, is already up to $40. Source: Diyana Dimitrova / Shutterstock.com No doubt,
If October was a good trick-or-treat month for Chinese electric-vehicle manufacturer Nio (NYSE:NIO) — and it was — then November is an even more enjoyable feast. Shares of Nio stock surged more than 60% as the innovative automaker rode its momentum and set the stage for the company to have a new year of growth
Moderna (NASDAQ:MRNA) said its vaccine is 94.5% effective against the novel coronavirus. The world breathed a sigh of relief and MRNA stock looks like a big winner. Source: Ascannio / Shutterstock.com Stay-at-home stocks like Netflix (NASDAQ:NFLX) fell. Vacation stocks like Royal Caribbean (NYSE:RCL) jumped higher. Investors who followed my advice from last December to buy
In today’s episode, I’m going to share with you the pros and cons of penny stocks. Penny stocks are hugely attractive, and they are great for certain types of traders. But they’re horrible for other types of traders. In this episode, we’ll cover the advantages and disadvantages of penny stocks, so that way you can
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Alteryx (NYSE:AYX) is focused on cloud-based data analytics software. That’s pushing two big buttons for business. Everyone wants to move to cloud-based tools, which are easy to deploy, easy to scale up and remotely accessible. Data analytics is seen as being critical to gaining customer insight and helping businesses rapidly solve problems. That combination, along
Jin Lee | Bloomberg | Getty Images Out on Wall Street, stocks are taking a breather from this month’s rally. Despite encouraging updates on a potential coronavirus vaccine, disappointing unemployment data and a spike in coronavirus cases have spooked investors. Not helping investor sentiment, New York City Mayor Bill de Blasio announced that schools would
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target reported quarterly earnings of $2.79 per share for the third quarter, well above the consensus estimate of $1.60 a share. The retailer’s revenue beat estimates as well, and a comparable-store sales increase of 20.7% beat the consensus estimate of
Despite numerous catalysts, Slack Technologies (NYSE:WORK) stock has gone through bouts of volatility. No stock is immune to volatility, but many investors have been disappointed with Slack stock lately. Source: Shutterstock That’s as cases of the novel coronavirus continue to rise at a rapid rate. Yet despite that, Slack stock hasn’t really responded the way
Nikola (NASDAQ:NKLA), which is down 53.93% over a three month period, is evidence that even though the electric vehicle (EV) sector is on fire at the moment, you should exercise caution. Not every company is primed to be a multi-bagger. Case in point, Nikola stock Source: Stephanie L Sanchez / Shutterstock.com The company has no
With the proliferation of plastic and digital alternatives to hard currency, many people consider carrying cash a throwback to an earlier age. In the modern age, it’s all about fast transactions provided by credit cards. Cash may be king, but “buy now, pay later” reigns supreme. While there are many benefits to purchasing with a debit
COVID-19 may be hogging the headlines with the holiday season just around the corner, but the stock market continues trading within reach of record levels. Once again, tech stocks and small caps are outperforming. Source: Shutterstock Today’s Friday edition of MoneyLine is all about showing you what’s going on using charts. And bonus — you
Take a look at some of the biggest movers in the premarket: Macy’s (M) – The retailer lost 19 cents per share for its latest quarter, smaller than the 79 cents a share loss that Wall Street was anticipating. Revenue beat estimates, however. Same-store sales dropped 20.2%, but that was smaller than the 23.3% loss
Hacks happen to the most conscientious among us. Your credit cards, bank accounts, retailer-held account information and other types of individual identification data and information are all lucrative opportunities for all sorts of bad actors around the globe. And hacks occur every day on a 24/7 basis every second. The Breach Level Index from major
I’ve been waiting to write about iBio (NYSEAMERICAN:IBIO) in order to see their earnings report and give readers a better handle on the latest IBIO news. As usual, there is nothing worth investing in with this company. Most investors should stay far away from IBIO stock. Source: Shutterstock In fact, the only thing of note
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I like BABA at any price below $300, and below $260 where it sits at today is a steal.
If we look closely enough, we may be able to see a light at the end of the COVID-19 tunnel. Source: Shutterstock Ever since the United States began to shut down in March, the greatest hope for a return to normalcy has been an effective vaccine. The news was spectacular this week. Pfizer (NYSE:PFE) and
Game Stop store in New York City. Michael Brochstein | LightRocket | Getty Images The shift away from brick-and-mortar retailers in favor of online shopping has hurt GameStop over the past decade, pushing the company’s stock down nearly 40% in that time period. But Ryan Cohen, the former CEO of Chewy, thinks the maligned video-fame
Take a look at some of the biggest movers in the premarket: Pfizer (PFE) – The drugmaker and German partner BioNTech (BNTX) plan to apply today for emergency use authorization for their Covid-19 vaccine. Earlier this week, study data analysis showed the vaccine to be 95% effective. Pfizer shares added 1% in premarket trading as