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CNBC’s Jim Cramer said he doesn’t feel comfortable buying into Monday’s early stock market bounce, following Friday’s omicron-driven plunge, because the selling could resume in the event of future negative news about the highly mutated Covid variant. The Dow Jones Industrial Average — which had been up nearly 400 points, or more than 1%, shortly
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GameStop (NYSE:GME) shot “to the moon” during the meme stock trading frenzy of early 2021. However, the gravity of the company’s weak business growth outlook and persistently poor earnings could continue to pull GME stock back to Earth. Source: Emil O / Shutterstock.com Interestingly, though, a new vision could also rescue GME stock from this imminent
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We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money. Planning for retirement includes obtaining appropriate and affordable healthcare coverage. In that respect, for Americans 65 and older, any conversation about
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Carnival Corp (NYSE:CCL) will survive the latest Covid-19 variant scare. Many travel stocks, including CCL stock, took a plunge on Friday, Nov. 26, after news came spread that this Covid-19 strain, named Omicron, could possibly be impervious to existing vaccinations. According to The Wall Street Journal, Omicron’s mutations could make it more transmissible and could
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Investors in China stocks have not had much to report so far in 2021. The Shenzhen Composite index is up about 8.4% and the Shanghai Composite index returned 3.6%. By comparison the S&P 500 index, which hit a record high in early November, is up 24.3% year-to-date (YTD). Regular InvestorsPlace readers would know that the Chinese government
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The euphoria for cryptocurrency reached an intermediary peak in mid-November, lifting Marathon Digital (NASDAQ:MARA) stock to a high of $83.45. Momentum dropped quickly in the days that followed. Source: Shutterstock The company disclosed a Securities and Exchange subpoena on Nov. 15, and Marathon Digital dropped by more than 20%. MARA stock found support at its
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Up until two weeks ago, SoFi Technologies (NASDAQ:SOFI) stock was on a tear. Source: rafapress / Shutterstock.com After getting knocked back below $15 per share following its successful SPAC rollout, SOFI stock went on a strong run between late August and early November, delivering of strong quarterly results. The fintech company was also boosted by reduced
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Peloton (NASDAQ:PTON) stock is not for the faint of heart investors. Source: JHVEPhoto / Shutterstock.com The company had the misfortune of coming to market just before the pandemic hit. The first few months of existence were going fairly well. PTON investors succeeded at building a base. There were sizable rallies and reasonable declines, but then
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Companies that need to raise additional capital can do so by issuing additional shares of stock. However, these additional shares will dilute the value of existing shares, which can be a concern for shareholders. Some companies, therefore, choose to issue rights or warrants as an alternative means of generating capital. These instruments give shareholders the
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Equity prices on Wall Street have never been higher, yet Zillow (NASDAQ:ZG) stock is 73% off its highs. A year ago, ZG stock exploded in a 140% rally to start the year. Then its momentum died suddenly in the middle of February. The bears have controlled the price action since then in a harsh descending
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The special purpose acquisition company (SPAC) bubble has come and gone. But investors are still keeping an eye on high-profile blank-check company mergers. One, in particular, that’s been getting attention is the proposed deal between SilverBox Engaged Merger (NASDAQ:SBEA) and Black Rifle Coffee. On the day of the announcement, SBEA stock briefly skyrocketed in price from
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