Stock Market

It’s been a stressful year for pot-stock traders, to say the least. A case in point would be Canadian cannabis company Sundial Growers (NASDAQ:SNDL), as SNDL stock dropped almost as quickly as it popped in 2021. Source: Jetacom Autofocus / Shutterstock.com Part of the problem is that the market has been fickle lately. One month, Reddit traders are pushing

Meme stocks took the market by storm at the start of the year only to peak by February 2021. On Reddit’s subgroup, WallStreetBets (or WSB), ContextLogic (NASDAQ:WISH) stock defied reality when “wish” became a meme play. Source: sdx15 / Shutterstock.com Wishing WISH stock would become the next Amazon.com (NASDAQ:AMZN) ended in disappointment. Had WSB members

Fisker (NYSE:FSR) made a big announcement on Dec. 20. While the news probably won’t do anything for FSR stock, I think it’s cool.  Source: Eric Broder Van Dyke / Shutterstock.com According to its press release: “Fisker will launch exclusive digital art NFTs of original pen-on-paper sketches from the hand of Founder and Chief Designer, Henrik

Rocket Companies (NYSE:RKT) wants to be known as a fintech company. That’s why it recently spent $1.3 billion buying Truebill, a personal finance app. But RKT stock financials don’t read like those of a fintech. Source: Lori Butcher / Shutterstock.com Even when the company beats estimates, as they did in the third quarter, this is

After a sharp move lower, Matterport (NASDAQ:MTTR) stock is bouncing back. “Meta madness” sent it zooming higher in November. But with the omicron and Federal Reserve fueled growth stock selloff earlier this month, investors bailed on this spatial data platform operator. Source: Matterport Trading for as much as $37.60 on Dec. 1, it fell to as

At one point, Skillz (NYSE:SKLZ) stock was supposed to be the hot new thing in the online gaming industry. By letting players compete for real cash prizes, it would bridge the gap between gambling and e-sports. Or that was the idea, anyway. Source: NYCStock / Shutterstock.com Skillz stock hit $46 at one point early in

Months after the special purpose acquisition company (SPAC) bubble burst, investors are still shying away from these assets. We’ve seen this play out with both SPAC stocks that have “de-SPACed” and companies with deals still pending. Granted, among de-SPACed names, some are still up big from their initial offering price (typically $10 per share.) For

BlackBerry (NYSE:BB) has been under strong selling pressure in the last month. However, the meme stock is still up 38% year-to-date. But with BB stock down 8.9% in the last month and investors getting ready to turn the page on 2021, should speculative investors remain patient while BlackBerry’s business model comes to fruition?   Source: Shutterstock

2021 has been a record year for initial public offerings (IPOs) worldwide as 2,388 new companies listed their shares. In the U.S., the IPO market reached an all-time high with more than 900 companies going public, raising $300 billion in 2021. DigitalOcean Holdings (NYSE:DOCN) went public in late March 2021. DOCN Stock raised $775 million in

Robinhood Markets (NASDAQ:HOOD) stock has played out the full boom and bust pattern inside the space of six months. Like so many other meme stocks, Reddit’s preferred stock trading platform went through its own hype cycle this year. Source: Sulastri Sulastri / Shutterstock.com Robinhood completed its initial public offering (IPO) at the end of July

Upstart (UPST) as a concept is extraordinary in my eyes because it assigns credit ratings with a much more forward-looking approach than traditional loan facilitators do. Furthermore, the AI used by the firm is flawless, with speed and accuracy being the name of the game. Source: Postmodern Studio / Shutterstock.com However, as an investor, it’s

New Mexico-headquartered Virgin Galactic (NYSE:SPCE) was famously founded by billionaire Richard Branson with a vision of taking people who aren’t necessarily professional astronauts into space. It’s an intriguing business model — one you’ll need to believe in if you plan to hold SPCE stock for the long term. Source: Christopher Penler / Shutterstock.com So far, it

This was the year Oracle (NASDAQ:ORCL) was finally recognized as a cloud player. When ORCL stock hit its all-time high on Dec. 6, investors were looking at a 67% year-to-date gain. Today, shares are up a little more than 40%, thanks in part to the omicron downdraft but also thanks to Oracle’s purchase of Cerner

Rivian (NASDAQ:RIVN) recently hit new lows on Dec. 17 after reporting earnings. RIVN stock fell 10% as a result of a top- and bottom-line miss, the company’s first report as a public company.  Source: Miro Vrlik Photography / Shutterstock.com Even with the drop, Rivian commands a market capitalization of $84 billion. That’s more than Ford

As someone who extensively covered cryptocurrencies during the past year, one of the concerns I had was oversaturation. Namely, it’s difficult to establish the applicability of one blockchain over another. I feel the same way about Gores Guggenheim (NASDAQ:GGPI). While the underlying electric vehicle manufacturer Polestar may look good for GGPI stock on paper, the

Based in Delaware, popular cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) makes the world of crypto investing easily accessible. However, just because the platform is popular doesn’t mean that Wall Street is currently enamored with COIN stock. Source: OpturaDesign / Shutterstock.com Indeed, the stock has fallen under major selling pressure lately. When the tide of sentiment turns

QuantumScape (NYSE:QS) a development stage company focusing on the commercialization of solid-state batteries for the EV industry would like to put away as quickly as possible its stock price performance in 2021. Source: Michael Vi / Shutterstock.com At the close of the U.S. stock market on Dec. 20, 2020, QS stock price of $23.67 had

Over the past year, casino stocks have been devastated by the novel coronavirus pandemic. Just take a look at some of the losses a handful of major players in the sector have seen: Las Vegas Sands (NYSE:LVS) fell from a January 2020 high of $74.29 to now sitting at $35 Wynn Resorts (NASDAQ:WYNN) fell from

Lucid Group Inc (NASDAQ:LCID) has kept things interesting for investors in 2021. The past month or so has been particularly challenging. LCID stock reached major highs in November as the company and its investors celebrated big milestones. Source: ggTravelDiary / Shutterstock.com However, December has been a dumpster fire in comparison. And with shockers like an

When the Nasdaq corrected somewhat in the last month, Cloudflare (NYSE:NET) fell sharply from the 52-week high. The content delivery network supplier, NET Stock posted quarterly earnings that failed to impress investors. Source: Sundry Photography / Shutterstock.com NET stock may have unfavorable valuations. This is not a good enough reason to justify the stock’s recent