Stocks to sell

MoffettNathanson is the latest analyst firm to sound the alarm on fintech stocks in a report titled, “Fintech: down but not out.” Affirm (NASDAQ:AFRM) is one of the companies under fire, which provides consumers with a “buy now, pay later” option on their purchases. In the year thus far, AFRM stock has declined by over 60%.

Robinhood Markets (NASDAQ:HOOD) stock dropped by as much as 67 cents, or 5.55%, in premarket trading on Friday after Goldman Sachs declared it a sell just nine months after its initial public offering (IPO). And investors should follow that advice. Goldman Sachs Vice President Will Nance said Robinhood’s inability to grow users will hurt its

New Oriental Education (NYSE:EDU) is up more than 900% today after the stock underwent a one-for-ten American Depositary Shares (ADS) reverse split. The operation did not affect the fundamentals of the education specialist and investors should not get too excited by it. Indeed, after the ADS ratio change, EDU stock trading price was expected to increase proportionally,

Newegg (NASDAQ:NEGG) has extremely volatile shares that are causing investors a lot of skepticism. In fact, NEGG stock has tumbled nearly 13% today. That’s after having climbed up to 25% higher yesterday. So why is NEGG stock back down today? The best explanation for this wild price swing is the positioning of traders, speculators and

IMAC Holdings (NASDAQ:IMAC) stock spiked dramatically after their successful pilot program for a new retail concept: The Back Space. The project is located in select Walmart (NYSE:WMT) stores and has the potential for wide-scale expansion. The company believes it will triple its number of stores and be in at least 20 more locations by the

SoFi Technologies (SOFI) is declining alongside other tech stocks Morgan Stanley analysts believe the extension of the federal student loan payment pause could be a near-term catalyst SOFI stock has done well, but hold off on buying for now Source: rafapress / Shutterstock.com Fintech disruptor SoFi Technologies (NASDAQ:SOFI) has dropped by 45% in the last

SoFi Technologies (NASDAQ:SOFI) has been plummeting this week on fears of another pause on federal student loans. Today, the White House extended its moratorium on federal student loan payments through Aug. 31. SOFI stock is so far down about 6% today. Following this, borrowers will be required to start repaying their loans again. In this

Mullen Automotive (MULN) stock dipped 80% since its reverse merger Headwinds for electric vehicle startup stocks will carry on as EV rivalries grow The downturn will not end until Mullen brings its finished vehicles to the market Source: Ringo Chiu / Shutterstock Mullen Automotive (NASDAQ:MULN) is a new player in the electric vehicle (EV) industry.

After jumping 10.47% on Monday, FuboTV (NYSE:FUBO) has lost almost 7% today. This drop comes days after dropping its lowest-end sports bundle. The leading sports streaming platform has had a rough start to the year, as shares plunged 57% year-to-date. Despite robust top-line growth, FUBO stock has a disappointing bottom line and high costs make

Shares of Starbucks (NASDAQ:SBUX) are under pressure today on news that another of the coffee chain’s retail outlets has voted to unionize and the company is halting its share repurchase program. SBUX stock is down over 4% today after newly installed interim Chief Executive Officer (CEO) Howard Schultz suspended the company’s $20 billion share buyback

After months of holding steady, following a tremendous drop during 2021, shares in Hexo (NASDAQ:HEXO) have recently experienced a boost. Cannabis plays like HEXO stock have perked back up, on the latest talk of the U.S. federal government fully legalizing marijuana. Source: Shutterstock Trading for between 50 and 60 cents before the news, this Canada-based

Having failed with mid-market electric vehicles, General Motors (GM) is going after the luxury niche Electric Hummers and Cadillacs are meant to compete with Tesla models The mid-market electric vehicle remains missing in action, and GM stock is entering a crowded luxury EV market Source: Katherine Welles / Shutterstock.com Having failed with mid-market electric vehicles

Shares of Chinese e-commerce platform Pinduoduo (NASDAQ:PDD) have been struggling since early last year, when they topped out above $200. Today, PDD stock trades in the low $40s. Recent growth metrics have been unimpressive. And it’s difficult to determine whether the company’s ongoing strategy shifts will ultimately be successful. Furthermore, the company faces multiple regulatory

OpenDoor Technologies (NASDAQ:OPEN) is a housing company focused on the iBuying market. OPEN stock had gotten hammered this year thanks to the selloff in speculative companies plus the sharp rise in interest rates. Source: Tada Images / Shutterstock.com However, OpenDoor has enjoyed something of a comeback in recent weeks, with the stock rallying off the

After a burst of initial interest, Digital World Acquisition’s (DWAC) merger partner, Trump Media & Technology Group, is losing momentum in its Truth Social app As Donald Trump seems to have lost interest, there’s been much less activity on the site Apart from the Truth Social app, there is little in the TMTG portfolio that

Vinco Ventures (BBIG) stock has rallied nearly 27% in the past month on very little news The company has a very vague business model and fundamentals that are weak, so this rally looks speculative with high odds of a reversal Investors should not get carried away by this penny stock, but wait for the latest

Esports ecosystem provider Motorsports Games (NASDAQ:MSGM) was punished by the market after releasing disappointing fourth-quarter and full-year earnings results. The losses were so bad in fact that MSGM stock dropped nearly 36% on the day they were released. Although esports is an industry with projected compound annual growth rates of 17.5%, and MSGM stock is

The first time I weighed in on Affirm Holdings (NASDAQ:AFRM), I said, “[T]he buy now, pay later (BNPL) boom shows no signs of slowing. Expected industry growth is off the charts, too. According to Bank of America, the BNPL market could grow 10x to 15x by 2025, and could eventually process up to $1 trillion

American Airlines (AAL) is positioned for gradual recovery in utilization and cash flows Total debt of $38.1 billion is likely to remain a key concern as the credit stress impacts equity holders Prospects of further dilution also make the stock unattractive, so investors should look elsewhere for airline stocks Source: GagliardiPhotography / Shutterstock.com The black

If you want to profit and get it easily, now is the right time to sell your shares in Vinco Ventures (NASDAQ:BBIG). BBIG stock recently became an issue of discussion on Reddit forums when rumors circulated that there might be another short squeeze in the offing. But it’s important to look at everything the company