Lucid Motors (NASDAQ:LCID) and a number of other EV stocks have performed really poorly lately. Sept. 1 was not a good day for LCID stock, which closed lower more than 10% on the day. Source: ggTravelDiary / Shutterstock.com However, at the session low, Lucid Motors stock was down almost 20%. Even though it was bid
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Ocugen Inc (NASDAQ:OCGN) is a clinical-stage biopharmaceutical company. A penny stock in 2020, shares neared the $16 level in early February. At that point, OCGN stock had posted an eye-popping gain of 5,352% between then and mid-December 2020. Source: shutterstock.com/PhotobyTawat As you’ve no doubt guessed, that massive stock growth is all about a Covid-19 vaccine
Nio (NYSE:NIO) stock deserves to be valued as it has been, and it may still be worth a buy. Source: xiaorui / Shutterstock.com The Chinese electric vehicle maker rolled 50,000 cars off the assembly line in July 2020, in the teeth of the pandemic. In early April of this year, it passed the 100,000 mark,
Cold warriors seem to want Alibaba (NYSE:BABA) to fail. They’re spinning the company’s problems and the nearly 50% drop in BABA stock as a personal story, as the fall of founder Jack Ma. He defied the political leadership and paid the price. To hear them tell it, President Xi Jinping is just Mao Zedong in
Roblox Corporation (NYSE:RBLX), which enables users to enter virtual communities, known as the metaverse and create the own video games, has many positive attributes and great growth potential. What’s more, its management team appears to be adept both at making lucrative deals and adding captivating, new features to the company’s metaverse. Still, like many stay-at-home
After taking investors on a miserable ride for several years, General Electric (NYSE:GE) shares are showing promise. Over the course of just three and a half years, the struggling multinational saw its stock lose over 80% of its value. Once the world’s most valuable company, GE stock collapsed in an epic fashion. However, the turnaround
Interestingly enough, most U.S. stock traders probably didn’t think much about Chinese ride-hailing giant Didi Global (NYSE:DIDI) until DIDI stock tanked recently. Both the company and the stock have been in the headlines lately, but not with positive news. Source: Piotr Swat / Shutterstock.com Some dabblers in Chinese stocks have learned the hard way that China’s
The market is hot right now for meme stocks. Over the last 12 months, we have seen the rise of innumerable novel investment strategies. Whether it is the rise of SPACs, special-purpose acquisition companies, or electric vehicle stocks, it has been unprecedented for the markets. But none of the new investment themes is as astounding
North America’s largest supplier of flat rolled steel, Cleveland-Cliffs (NYSE:CLF), saw its shares pop on Monday. CLF stock closed on Oct. 8 at $20.63, but ended Monday’s session at $21.46 for a 4% pop. Source: Pavel Kapysh / Shutterstock.com The catalyst? On Monday, the company announced it is acquiring Detroit-based Ferrous Processing and Trading Company
QuantumScape (NASDAQ:QS) has had a difficult 2021. After topping out just below $133 per share in December, QS stock has lost more than 80% of its value. It’s been tripped up by a number of things recently, including insider stock sales, a devastating short-seller report and a washout within the special purpose acquisition company (SPAC)
Skivvies and clean tech. Has the market ever seen such an odd couple? So it is with Naked Brand (NASDAQ:NAKD). In the days following the announcement of news that the lingerie and swimwear retailer found a “disruptive opportunity in the clean technology sector,” investors had a “WTF?” moment that sent NAKD stock down almost 21%.
Stocks can be many things, but they surely include elements of risk as investors’ seek to build wealth. Camber Energy (NYSE:CEI) stock has been making headlines for its very volatile price action – and it appears to have room for further volatility. Source: Shutterstock The real questions related to the volatility of CEI stock are whether
Lucid Group (NASDAQ:LCID) combined two of 2021’s hottest trends — electric vehicle startups and special-purpose acquisition companies. The problem was that by the time the company completed its reverse merger with Churchill Capital Corp. IV in late July, investor interest in both trends was significantly diminished. Still, LCID stock shot up as much as 20%
In the past, Canada-based Sphere 3D (NASDAQ:ANY) was primarily known as a software business. As such, the company didn’t generate much buzz on Wall Street and the daily trading volume of ANY stock was fairly low. Source: Mark Agnor / Shutterstock.com Sphere 3D’s somewhat-outdated investor relations page insists that the company “delivers containerization, virtualization, and data
Walt Disney (NYSE:DIS) stock looks like a long-term defensive play to a lot of smart people. Source: spiderman777 / Shutterstock.com Tech whisperer Cathie Wood loaded up on the shares in September. Of 20 analysts following the stock at Tipranks, 17 are telling investors to buy it. This has not helped the shares. Since the start of
DatChat (NASDAQ:DATS) is a private messaging application company with little going for it — aside from the cash it raised at its Aug. 13 initial public offering (IPO). DatChat raised $11.04 million according to its most recent prospectus. Somehow, DATS stock now has a market value of about $220 million, according to Yahoo! Finance. Source:
In a year where many retail investors turned to meme stocks and SPACs, specialty home goods retailer Williams-Sonoma (NYSE:WSM) has avoided the risk and irrational valuations seen elsewhere in the market. And WSM stock has performed extremely well in 2021. Source: designs by Jack / Shutterstock.com Shares are up 74.13% in 2021 as of the close
FuelCell Energy (NASDAQ:FCEL) saw its shares close at a high of $27.96 in early February. Since then, the story has been much less impressive, with the stock in a long slide. At this point, FCEL stock is trading for $6.71, down 76% from its February high. Shares are also down 40% for the year. So,
It seems as though every week there is a new company in the news because of Reddit. Traders on investing forums are always on the prowl for the next GameStop (NYSE:GME). And there have been a few short squeeze plays that have come to my attention thanks to Reddit, but I rarely trade based on
The Walt Disney Company (NYSE:DIS) used to pay a consistent dividend and also buy back its own shares. However, for the past year and a half, since the end of 2019, it stopped returning capital to its shareholders. It’s now clear that DIS stock has not done very well as a result of this decision.
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