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
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GameStop (NYSE:GME) is one of the original meme stocks. Retail investors pumping up the flailing video game retailer on Reddit’s r/WallStreetBets forum managed to send GME stock soaring 400% in a week. Shares in the troubled company that were trading in the $4 range in the summer of 2020 hit $325 in January 2021. After
In this article ASTR The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as early as this weekend, with the company expecting to soon receive its Federal Aviation Administration license for
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
Intel (NASDAQ:INTC) CEO Pat Gelsinger is using “tech sovereignty” to fuel the stock’s comeback, with hefty government aid. INTC stock has some big changes on the horizon. Source: Sundry Photography / Shutterstock.com Intel’s decision to put its new $20 billion chip plant outside Columbus, Ohio was fueled by over $2 billion in state government “incentives.”
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
Estée Lauder (1908-2004) was a U.S. entrepreneur and cocreator of a cosmetics corporate empire, Estée Lauder Companies (EL). Now in its ninth decade, the company that bears her name is a major manufacturer and marketer of quality skincare, makeup, fragrance, and hair care products. Its more than 25 brands are sold in approximately 150 countries,
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
In this article XOM PBI CRUS UPS AMC SIRI A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Exxon Mobil – Exxon shares
Okay, maybe I’m having a bit of fun with readers. If you recall, back in November, I had an article about Skillz (NYSE:SKLZ) that said SKLZ stock was an excellent long-term speculative buy below $10. Source: Dennis Diatel / Shutterstock.com Now trading just under the $5 mark, it looks like Skillz stock is in a
Twilio (NYSE:TWLO) has suffered a fate similar to so many tech companies as of late. TWLO stock has lost precisely half its value over the past 12 months. And it’s down 60% from its 52-week highs. In dollar terms, Twilio has sunk from a peak of $457 to just $180 or so today. Source: Piotr
JohnnyGreig | E+ | Getty Images Embracing diversity is good for business. More diverse companies, both at board level and throughout the workforce, can outperform on financial metrics such as return on equity and higher earnings per share. They can also generate higher returns compared to their indices, according to GS Sustain 2020. Moreover, embracing
Take a look at some of the biggest movers in the premarket: Citrix Systems (CTXS) – Citrix is near a deal to be taken private for roughly $13 billion, according to multiple media reports. The deal would see the cloud computing company acquired by Vista Equity Partners and an affiliate of Elliott Management for $104
Microsoft (NASDAQ:MSFT) recently produced stellar earnings on Jan. 25 for its fiscal second quarter and the six months ending Dec. 31. As a result, MSFT stock looks very cheap here, even though Microsoft has a market capitalization of $2.3 trillion. Source: Peteri / Shutterstock.com In fact, based on analyst projections and the company’s very high
Let’s not mince words. There are a number of loose ends with California-based ContextLogic (NASDAQ:WISH) which ought to be tied up by now, but haven’t been. Without a doubt, it must be frustrating to own WISH stock in hopes of fresh, material updates, only to be disappointed day after day. Source: sdx15 / Shutterstock.com For example,
In recent days, volatility in electric vehicle (EV) stocks has ratcheted up once again. Established and early-stage names alike have sold off. Fisker (NYSE:FSR) is no exception. Already moving lower, this latest, much sharper drop has pushed FSR stock back to around $11 per share. Source: T. Schneider / Shutterstock.com Now, this isn’t the first time
Preston Pysh talks with Mark Moss about financial, political, and technology cycles throughout history. One quick caveat: We apologize for the tiny glitches along the way. Please bear with us, because the substance of the conversation and the way Mark Moss breaks down this complex subject is fantastic. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 –
Note FedLoan Servicing has announced that it will stop servicing student loans when its current contract ends. Loans are currently being transferred from FedLoan Servicing to other servicers. See this webpage for more information. FedLoan Servicing is a student loan servicer for federal and private student loans operated by the Pennsylvania Higher Education Assistance Agency
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