Stock Market

South Korean e-commerce giant Coupang (NYSE:CPNG) made a splashy debut with its initial public offering in March. CPNG stock was priced at $35 a share. It shot up to a high of $69 on its first day of trading before closing up 40%. Since then, it’s been mostly downhill for shares. Source: Michael Vi /

Maryland-based pharmaceutical company Novavax (NASDAQ:NVAX) is a Wall Street disappointment right now. NVAX stock is down more than 40% so far this year. But that doesn’t tell the full story of the stock’s slide. Source: vovidzha / Shutterstock.com It was less than a year ago that NVAX stock traded for a hair under $330 per

Shareholders in Lucid (NASDAQ:LCID) started 2021 on a bright note. And LCID stock kept up the momentum for most of the year. Source: Around the World Photos / Shutterstock.com LCID stock surged last November on news that the first Lucid Air EVs had been delivered to customers. Stellar reviews of Lucid’s first production EV also didn’t

Over the years, Starbucks (NASDAQ:SBUX) has provided outstanding returns to its long-term shareholders. Knowing this, some folks might try to replicate those gains with SilverBox Engaged Merger (NASDAQ:SBEA) as SBEA stock is still relatively inexpensive. Source: YuniqueB / Shutterstock.com On Nov. 2, 2021, SilverBox Engaged Merger, announced that it was merging with Black Rifle Coffee. Around that time,

From the outset, neo-banking leader SoFi Technologies (NASDAQ:SOFI) sought to help people from all walks of life to manage their money. It’s an ambitious vision that some loyal SOFI stock holders undoubtedly share. Source: rafapress / Shutterstock.com The idea of taking on the big banks and handing the power back to the people is exciting.

American Virtual Cloud Technologies (NASDAQ:AVCT) is a company in the cloud computing industry. According to the firm’s self-description, it is a “premier global IT solutions provider” which offers cloud, cybersecurity, and connectivity services among other features. Its premier status is up for debate, however. AVCT stock is trading for less than $1.50 per share, likely

Shares of up-and-coming electric vehicle EV startup Canoo (NASDAQ:GOEV) have shed more than 40% of their value in the past six months. GOEV stock has fallen more than 70% from its 52-week high price of $18.88. Overall, its first year of trading was forgettable. Source: shutterstock.com/rafapress 2022 could be a landmark year for the company,

Here’s something I’ll bet you didn’t know. At one point in time, Southeast Asian ride-hailing and delivery company Grab Holdings (NASDAQ:GRAB) represented the largest ever special purpose acquisition company merger (SPAC) to date. That’s mind-blowing when we consider that many U.S. investors haven’t even heard of GRAB stock. Source: Hafiz Johari / Shutterstock.com The company is well-known

Market conditions continue to work against Palantir Technologies (NYSE:PLTR). But, as it sinks down below $15 per share, PLTR stock may now be entering the buy zone. At least, it may appear that way to investors who see the data analytics software provider as a long-term play. Source: Ascannio / Shutterstock.com For investors looking at PLTR

In late 2020, solid-state electric-vehicle (EV) battery maker QuantumScape (NYSE:QS) was a darling of the markets. As practically every EV-related stock shot to the moon, QS stock holders booked multi-bagger gains on their well-timed investment. Source: Michael Vi/Shutterstock.com That was then, however, and this is now. The time of EV-market euphoria appears to be in the rear-view mirror,

Do you like to ride on the backs of cryptocurrency whales? If so, then you’ll definitely want to check out Fantom (CCC:FTM-USD). Apparently, large-scale traders may be showing interest in Fantom in early 2022. Source: Wit Olszewski / Shutterstock.com Reportedly, one crypto whale recently purchased 500,000 FTM. That order was valued at $1,110,000 – clearly, somebody’s

With the growth of online retail, I can understand the attraction retail investors have to ContextLogic (NASDAQ:WISH). However, WISH stock is down about 90% from its 52-week high. And the chart hasn’t given bulls much to be encouraged about since early summer.  Source: sdx15 / Shutterstock.com That was when I first wrote about WISH stock.

Bakkt Holdings (NYSE:BKKT) stock has had a mystifying run over the past six months or so. The company launched via a special purpose acquisition company (SPAC) and almost immediately skyrocketed from $10 to $40. Source: iQoncept/ShutterStock.com These gains would not last, however. BKKT stock hit $40 in October. By December, it was back down to

We finally have more clarity regarding when DiDi Global (NYSE:DIDI) will list in Hong Kong. According to a South China Morning Post report, shares could list as early as the second quarter of this year. The company is set to delist in the U.S. and offer a one-for-one exchange for their shares. It caps a

If Twitter (NYSE:TWTR) is going to improve in 2022, it will have to find new ways to attract users. But how it will manage to do that is still up in the air. And that’s why TWTR stock is bleeding these days. Twitter currently trades at $35.10, down more than 18% since the beginning of

Shares of work management platform Asana (NYSE:ASAN) have started 2022 in a slump after roughly doubling in 2021. Since they have a 52-week range of $25.41-$145.79, investors may be wondering why the latest close of $53.08 has ASAN stock about 64% off its highs. Several plausible factors are supporting this sharp selloff. So is ASAN stock

Investors in Novavax (NASDAQ:NVAX) can’t catch a break — whether the news is positive or negative. One month ago, NVAX stock was trading for above $200 per share. Since then, it’s plummeted 55% to around $90 a share. Despite my longstanding bullishness on the Covid-19 vaccine play, I’ll admit it’s debatable whether NVAX stock is

Shares of Matterport (NASDAQ:MTTR) have started 2022 with a very negative performance. MTTR stock has already lost over 40% year to date, closing at $12.89 on Jan. 19. Such a big loss in such a short time — less than a month — signals negative momentum for the technology company. Source: Matterport Back in December 2021,

Canadian cannabis grower, retailer and investment firm Sundial Growers (NASDAQ:SNDL) had its 15 minutes of meme stock fame a little less than a year ago. Shares rocketed 725% higher between the start of 2021 and its high of nearly $4 in February. But since then, SNDL stock has plummeted to around 52 cents a share

In several prior articles on InvestorPlace, I mentioned that you should not read into any one single news item or development. You shouldn’t ignore it but you must also consider the bigger picture. But with Coupang (NYSE:CPNG), stock this understanding may require a few tweaks. Source: Ki young / Shutterstock.com Coupang is performing so poorly