For the past month, EV battery maker Quantumscape (NYSE:QS) has been on a tear. Like other EV and EV-related plays, QS stock got a big boost from news of the U.S. Congress passing its trillion-dollar infrastructure bill, and President Biden signing it into law. Source: Michael Vi / Shutterstock.com But after buying the rumor, and buying more
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In a record blitz of initial public offerings (IPO) like Progenity (NASDAQ:PROG), you’re going to encounter two incontrovertible facts. First, retail investors will have increased opportunities to put their money to work (or at risk). Second, not every one of these recent IPOs will enjoy outsized success. From the looks of it, PROG stock is heading
Why COCO Stock Is a Rare Low-Tech Growth Name | InvestorPlace Skip to content Copyright © 2021 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. COCO stock has a low valuation, but Vita Coco is growing rapidly November 17, 2021 By Larry Ramer, InvestorPlace Contributor Nov 18, 2021, 6:00 am
ContextLogic (NASDAQ:WISH) operates Wish, an e-commerce platform that facilitates transactions between sellers and buyers, focusing on the budget-conscious consumer. Founded by Piotr Szulczewski and Danny Zhang back in 2010, this company has grown rapidly due to its innovative business strategies and easy-to-use platform. However, due to issues surrounding quality on the platform and wider reopenings,
Few could have anticipated the sharp decline in ContextLogic (NASDAQ:WISH) stock’s value. It went public with an IPO price of $24 in 2020 but has shed more than 77% of its value since then. It recently opened up its books for the third quarter, which shows a massive decline in its monthly active users. Despite
Shares of all-electric pickup truck maker Rivian Automotive (NASDAQ:RIVN) continue to soar on the heels of a spectacular first week. After pricing at $78, RIVN stock now trades at $172 per share — a spectacular 120% gain. Sporting a $152 billion market capitalization, Rivian is the biggest initial public offering (IPO) of the year. It’s also
The chase continues for the two important contingents propping up Ocugen (NASDAQ:OCGN) stock at present. Source: shutterstock.com/PhotobyTawat On the one hand, there’s those who hope Ocugen can finally break through and receive approval to market its Covaxin vaccine. But that hope has followed the company for a long time and provided plenty of disappointment. Nevertheless,
Shares of online mobile multiplayer video game competition platform Skillz (NYSE:SKLZ) stock are finally recovering, gaining 54% in the last month. After an excellent debut, the stock struggled and lost a lot of steam. But if it pulls back a little more, this looks like an excellent video game stock for your portfolio Source: NYCStock
After a huge surge earlier this year, AMC Entertainment (NYSE:AMC) has settled into a bit of a trading range. AMC stock will periodically rally toward $50 or fall toward $30, but it ends up stabilizing in the middle of that territory. Source: rblfmr/Shutterstock.com Earlier this month, AMC was moving higher once again. However, the company then
What was once a blip on the radar that many analysts viewed as a passing fad became one of the most consequential developments on Wall Street. I speak of course of the phenomenon that is meme stocks, loosely defined as publicly traded securities that have an incredible following on various social media platforms. But while
Just a year ago, Gamestop (NYSE:GME) was widely considered nothing more than an old-school, brick-and-mortar video-game retailer. As a result, there was not much interest in GME stock. Yet there was a groundswell of support for Gamestop which was growing quietly, on an Internet forum known as Reddit. A sub-forum on that site, r/WallStreetBets, was preparing
With cryptocurrencies posting blistering performances recently, those on the sidelines are increasingly tempted to jump in. At the same time, direct exposure to individual blockchain coins and tokens has its own set of risks outside of market volatility. For an alternative, many have turned to crypto miners like Stronghold Digital Mining (NASDAQ:SDIG) stock. Source: Mark
It was recently announced that Swedish electric car maker Polestar Performance AB will be going public via a merger with special purpose acquisition company Gores Guggenheim (NASDAQ:GGPI). The new company will be renamed Polestar Automotive Holding UK and is to be listed on Nasdaq under the ticker symbol “PSNY”. Right now, GGPI stock is pretty
Earlier this year, trading shares of New York-based virtual content provider fuboTV (NYSE:FUBO) was a risky proposition. The price action of FUBO stock was like a roller-coaster ride, and not ideal for cautious investors. Source: Lori Butcher/ShutterStock.com However, moving into the last two months of 2021, the situation seemed much calmer … until the pain from
After languishing below $20 per share since late June, SoFi Technologies (NASDAQ:SOFI) is coming back, including today’s post-earnings pop that took shares to just below $23. With SOFI stock up more than 40% in just over a month, it appears my take from Oct. 6 (that shares were a buy as they traded sideways) was the right
On Oct. 13, GitLab (NASDAQ:GTLB) had a successful IPO, with the stock priced at $77 per share. Now almost a month later, GTLB stock is now at $121.27. So, virtually everyone who bought in around the time of the IPO has made money. Source: Lori Butcher / Shutterstock.com The problem is there is no more
There’s little reason to immediately invest in Virgin Galactic (NYSE:SPCE) stock following the delays of the company’s test flights. Source: Tun Pichitanon / Shutterstock.com The postponements clearly lowered the company’s share price, which dropped 17% immediately following the news which was released on Oct. 14. No matter how you slice it, the market isn’t likely
Gores Guggenheim (NASDAQ:GGPI) is the latest SPAC (Special Purpose Acquisition Company) stock to start revving its carbon-free engine. The blank check company completed its initial public offering (IPO) in March and announced its reverse merger with Electric Vehicle (EV) maker Polestar in September. GGPI shares are now trading at a roughly 7% premium to trust
As a content delivery network (CDN) and cybersecurity specialist, Cloudflare (NYSE:NET) stock was always going to be a relevant play on paper. Source: Sundry Photography / Shutterstock.com But when the novel coronavirus rudely made its appearance, suddenly, NET stock took on far greater importance. This particular sentiment has only grown stronger, which puts investors into
So long as investors are only buying growth, CrowdStrike (NASDAQ:CRWD) stock should keep performing. Source: VDB Photos / Shutterstock.com Even so, its market cap, which is more than 50 times revenue, is ridiculous. CrowdStrike, a cybersecurity company, opened for trade Nov. 9 at $285.68 share. The market cap at that price is $65.22 billion. The expected
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