Stock Market

Like so many special purpose acquisition companies (SPACs), SoFi Technologies (NASDAQ:SOFI) stock has been a volatile one. Shares initially popped to $25 as excitement grew for the well-known FinTech firm. Source: rafapress / Shutterstock.com This also came during a time when entrepreneur Chamath Palihapitiya was on a massive winning streak with his SPAC deals. So in

Like other speculative growth stocks, Skillz (NYSE:SKLZ) continues to struggle. The days of “growth at any price” have long since passed. With the Federal Reserve raising rates, SKLZ stock continues to head lower. Source: Dennis Diatel / Shutterstock.com While it’s much cheaper now (it once traded for prices more than ten times what it trades for

Fisker (NYSE:FSR) plans to start producing its Ocean SUV model this year, which should prove to be positive news for the electric vehicle maker. However, a few key challenges remain and FSR stock has dropped more than 30% so far in 2022. This has many wondering if Fisker is still a hot play on electric

The Nasdaq’s steep correction in the last month is punitive to the most speculative stocks in the last two years. This resulted in Skillz (NYSE:SKLZ) being stuck in a sustained downtrend. Investors are no longer willing to wait for an electronic gaming and multimedia firm to pivot to the sports betting market. SKLZ stock is

Although most folks love to parrot the phrase, “electric vehicles are the future,” that future may be further off than many think. Sure, we’d love to go green and all, but we also need to pay the bills. That’s where QuantumScape (NYSE:QS) could potentially provide the paradigm-shifting solution, explaining early sentiment for QS stock. Source:

Hot stocks from different sectors typically get a lot of attention both in bull and bear markets. When markets are jittery, as they are now, investors look for shares with solid fundamentals and fair valuation levels. This year is primed to see greater volatility levels. Investors are preparing for tighter monetary and fiscal policies amidst

Investors in QuantumScape (NYSE:QS) haven’t had much to cheer since the electric vehicle battery maker went public via a merger with special-purpose acquisition company Kensington Capital Acquisition in November 2020. On its first day of trading, QS stock soared nearly 50%. Less than a month later, shares hit a high of $132.73, 465% above where

AMC Entertainment (NYSE:AMC) reported results for its fourth quarter on Feb. 1. They were some of the theater chain’s best results in recent memory. AMC stock gained more than 10% on the news. Source: Helen89 / Shutterstock.com “AMC’s 2021 results improved significantly as the year progressed, and we finished the year with the strongest quarter

Will the real Rivian (NASDAQ:RIVN) please stand up? Six days after going public, RIVN stock charged to a closing price of $172.01. That was 128% above its initial public offering (IPO) price of $78. But as of this writing, the stock can be had for 17% below its IPO price. Source: James Yarbrough / Shutterstock.com

Once known only as Tilray, the Canadian cannabis producer let investors know Jan. 10 while releasing its second quarter of fiscal year 2022 results that moving forward; it will be known as Tilray Brands (NASDAQ:TLRY). In turn, TLRY stock briefly jumped on the news. Source: Ralf Liebhold / Shutterstock.com Cynical investors might view CEO Irwin

SoFi Technologies (NASDAQ:SOFI) is really shaking things up in 2022, which can only be good for beleaguered SOFI stock. Source: rafapress / Shutterstock.com In mid-January, the company announced it finally got approval from the Office of the Comptroller of the Currency and the Federal Reserve to operate a bank subsidiary, which will be called SoFi

Pinterest (NYSE:PINS) stock is badly in need of a reset. Like other social media companies, PINS is having a rough go these days. The stock is down by 26% since Jan. 1, and by 40% over the last three months. Source: Nopparat Khokthong / Shutterstock.com But unlike other social media stocks, Pinterest also got an

If you bought Novavax (NASDAQ:NVAX) stock two years ago, before the Covid-19 pandemic, your investment has scored a 857% gain. Source: vovidzha / Shutterstock.com If you bought it on Dec. 17, you’re down 58%. Novavax should get approval on its Covid-19 vaccine, now called Nuxavoid, in 10 countries over the next few months. It will

In recent days, volatility in electric vehicle (EV) stocks has ratcheted up once again. Established and early-stage names alike have sold off. Fisker (NYSE:FSR) is no exception. Already moving lower, this latest, much sharper drop has pushed FSR stock back to around $11 per share. Source: T. Schneider / Shutterstock.com Now, this isn’t the first time

Let’s not fool ourselves. The situation with DraftKings (NASDAQ:DKNG) stock is terrible. Source: Postmodern Studio / Shutterstock.com While DKNG stock may eventually transition into a viable discount – and some evidence calls for that – you’ve got to focus on the immediate threat. Right now, that threat is market panic, plain and simple. As you

While it’s possible to accrue useful information from people with an incentive to sell you something, it’s best to leave the final decision to your own due diligence. However, it’s what insiders are or aren’t doing that could be a telltale sign, which is how I feel about AMC Entertainment (NYSE:AMC). It’s not about the

Biotech is big business. And getting bigger. That’s good news if you’re investing in biotech stocks. According to market research firm Grand View Research, the global biotechnology industry is expected to reach $2.44 trillion by 2028, giving it a compound annual growth rate (CAGR) of 16% over the next seven years. Driving that huge growth

I wrote about Gevo (NASDAQ:GEVO) in February 2021 when it was heading towards its meme-stock induced 52-week high. As a company that was, and remains, a pre-revenue company, I made a bearish call on GEVO stock. Source: Shutterstock That proved to be the right call. Since February, GEVO stock went on a steady trip lower,

South Korean e-commerce giant Coupang (NYSE:CPNG) made a splashy debut with its initial public offering in March. CPNG stock was priced at $35 a share. It shot up to a high of $69 on its first day of trading before closing up 40%. Since then, it’s been mostly downhill for shares. Source: Michael Vi /

Shareholders in Lucid (NASDAQ:LCID) started 2021 on a bright note. And LCID stock kept up the momentum for most of the year. Source: Around the World Photos / Shutterstock.com LCID stock surged last November on news that the first Lucid Air EVs had been delivered to customers. Stellar reviews of Lucid’s first production EV also didn’t

Sometimes, businesses try things and fail. Investors can be utterly unforgiving of failures, though, and lately Seattle-based Zillow Group (NASDAQ:ZG) has been Wall Street’s whipping boy as ZG stock continues to sink to new short-term lows. Source: OpturaDesign / Shutterstock.com A couple of years ago, Zillow Group attempted to expand into the business of iBuying. This

From the outset, neo-banking leader SoFi Technologies (NASDAQ:SOFI) sought to help people from all walks of life to manage their money. It’s an ambitious vision that some loyal SOFI stock holders undoubtedly share. Source: rafapress / Shutterstock.com The idea of taking on the big banks and handing the power back to the people is exciting.

Brazilian financial technology (fintech) company Nubank, which is owned by Nu Holdings (NYSE:NU), makes a promise to its customers: “Finally, you’re in control of your money.” It’s an intriguing concept, and the company is now publicly tradable as the NU stock initial public offering (IPO) took place late last year. Source: Jo Galvao / Shutterstock.com

Shares of up-and-coming electric vehicle EV startup Canoo (NASDAQ:GOEV) have shed more than 40% of their value in the past six months. GOEV stock has fallen more than 70% from its 52-week high price of $18.88. Overall, its first year of trading was forgettable. Source: shutterstock.com/rafapress 2022 could be a landmark year for the company,

Here’s something I’ll bet you didn’t know. At one point in time, Southeast Asian ride-hailing and delivery company Grab Holdings (NASDAQ:GRAB) represented the largest ever special purpose acquisition company merger (SPAC) to date. That’s mind-blowing when we consider that many U.S. investors haven’t even heard of GRAB stock. Source: Hafiz Johari / Shutterstock.com The company is well-known

Market conditions continue to work against Palantir Technologies (NYSE:PLTR). But, as it sinks down below $15 per share, PLTR stock may now be entering the buy zone. At least, it may appear that way to investors who see the data analytics software provider as a long-term play. Source: Ascannio / Shutterstock.com For investors looking at PLTR

Riot Blockchain (NASDAQ:RIOT) is one of the original publicly-traded cryptocurrency mining companies. RIOT stock originally rose to prominence in 2007, with shares surging from $4 to $30. However, both the price of Bitcoin (CCC:BTC-USD) and Riot soon plunged. Source: Wit Olszewski / Shutterstock.com By the end of 2018, RIOT stock had collapsed to just $2

Digital payments, financial services, and Bitcoin (CCC:BTC-USD) company Block Inc (NYSE:SQ) has started off 2022 the way it spent the final three months of 2021: watching its shares slump. After closing at an all-time high in August, SQ stock continued the volatility that has become one of its defining characteristics. Source: Sergei Elagin / Shutterstock.com A

Do you like to ride on the backs of cryptocurrency whales? If so, then you’ll definitely want to check out Fantom (CCC:FTM-USD). Apparently, large-scale traders may be showing interest in Fantom in early 2022. Source: Wit Olszewski / Shutterstock.com Reportedly, one crypto whale recently purchased 500,000 FTM. That order was valued at $1,110,000 – clearly, somebody’s

Bakkt Holdings (NYSE:BKKT) stock has had a mystifying run over the past six months or so. The company launched via a special purpose acquisition company (SPAC) and almost immediately skyrocketed from $10 to $40. Source: iQoncept/ShutterStock.com These gains would not last, however. BKKT stock hit $40 in October. By December, it was back down to