Stock Market

Metaverse altcoin Decentraland (CCC:MANA-USD) went over an all-time high of $5.90 in late November. However, MANA-USD has failed to continue the rally and slumped more than 25% since that peak. Source: Lichi / Shutterstock.com Despite the recent decline, MANA has returned about 60% in the last 30 days and currently trades at $3.89. With a

In the late evening on Thursday, Dec. 2, Didi Global (NYSE:DIDI) announced that it would delist in New York. This is a massive blow for DIDI stock and investors holding Chinese stocks as well as relations between the U.S. and China. Source: DANIEL CONSTANTE / Shutterstock.com This delisting happened barely six months after the company

When much of our culture is now determined by the efforts of “community,” the historic price movement behind GameStop (NYSE:GME) isn’t that surprising. In fact, you could say it was just a matter of time before retail investors realized the power they could have over a stock. At one point this year, this power took GME

Vinco Ventures (NASDAQ:BBIG) is one of the more puzzling stocks to analyze. Shares of the technology-focused acquisitions company are now changing hands for about $3. At one point, BBIG stock went as high as $12.49 a pop. The stock’s sentiment has weakened in the last few months, mainly because of a lack of operational focus

Digital World Acquisition (NASDAQ:DWAC) stock is back on the upswing. Digital World is a special purpose acquisition company (SPAC) that intends to merge with former President Donald Trump’s social media company, the Trump Media & Technology Group or “TMTG”. Source: Joseph Sohm / Shutterstock.com DWAC stock spiked from $10 to above $100 at one point following the 

It’s safe to say that Germany-based Sono Group (NASDAQ:SEV) isn’t your typical electric vehicle manufacturer, and SEV stock isn’t a run-of-the-mill investment. Indeed, it requires a bold, long-term vision to believe in this company and stock. Source: nrqemi / Shutterstock.com Not long ago, InvestorPlace contributor Luke Lango asked a crucial question: could Sono Group’s flagship vehicle, the

The pandemic had brought our lives to a standstill. Thankfully, the vaccines are effective against it and have worked as a light at the end of a dark tunnel. But the new Covid variant has brought back the anxiety and stress associated with the pandemic. The World Health Organization has called it a “variant of

Opendoor Technologies Inc. (NASDAQ:OPEN) operates a digital platform for residential real estate in the United States, enabling consumers to buy and sell a home online. On Nov. 11, I highlighted what Zillow Group (NASDAQ:Z) backing out of the home-flipping business means for OPEN stock. Source: Tada Images / Shutterstock.com At the time, I expressed my

To call Senseonics Holdings (NYSEAMERICAN:SENS) a penny stock isn’t to say it sells for a penny. The phrase refers to any stock with a low price and low market capitalization, and SENS stock currently goes for about $2.70 per share. Such stocks are always speculative, and the low market cap makes them easy for investors

DraftKings (NASDAQ:DKNG) has been tumbling since it reached a recent peak closing price on Sept. 9. at $63.67 per share. At $31.21 as of Dec. 2, DKNG stock is now down more than 50% since then. Moreover, since peaking at $71.98 on March 19, the stock is now down 57%. Source: Lori Butcher / Shutterstock.com

Following an early initial public offering (IPO) state of bliss, the Chinese ride-hailing and delivery group DiDi Global (NYSE:DIDI) has left its investors with little cheer. On June 30, DIDI stock made a historical public debut, the second-biggest U.S. IPO by a Chinese company after Alibaba (NYSE:BABA). Source: DANIEL CONSTANTE / Shutterstock.com DIDI stock started trading

After an extended period of consolidation, Lucid (NASDAQ:LCID) stock has surged strongly in the last month. During this period, the stock has nearly doubled. Source: ggTravelDiary / Shutterstock.com Unlike the rally prior to the company’s merger with its SPAC , the recent gains have not been based on speculation. However, it would make sense to

Spatial data company Matterport (NASDAQ:MTTR) went public in July following a special-purpose acquisition company (SPAC) merger with Gores Holdings VI. Matterport received $605 million in total cash in this SPAC deal, including $310 million from Gores Holdings VI and $295 million from other institutional investors. That’s a lot of money for the company, but is

Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), parent company of Google, is firing on all cylinders. But I can see why you may be looking to take profit with GOOG stock. After its strong performance so far this year (up 69%), you may feel that it’s time to take some risk off the table. Source: Tero Vesalainen / Shutterstock.com The

Bill Ackman’s Pershing Square Tontine Holdings (NYSE:PSTH) announced a new proposal in an 8-K filing on Nov. 26 that would issue a new kind of warrant to its shareholders. The warrant would be free and would have the short form name SPARs (Special Purpose Acquisition Rights). As a result PSTH stock is now trading above

Netflix (NASDAQ:NFLX) shareholders have been a pretty happy bunch over the past 2 years. The pandemic triggered a surge in new subscribers. Its latest quarter was a blockbuster (no pun intended) that beat analysts expectations on virtually every metric. And now Squid Game has become the streamer’s biggest ever series at launch. NFLX stock has posted

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

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

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

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

In the mood for a fresh cup of joe and some stock-market news? Oregon-based coffee restaurant chain Dutch Bros (NYSE:BROS) is becoming increasingly popular, yet BROS stock still isn’t on the radar for many of today’s investors. Source: Alexander Oganezov / Shutterstock.com That’s not a bad thing, as it could represent an early-stage opportunity in a

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

After the onset of the Covid-19 pandemic, cloud-based e-commerce platform Shopify (NYSE:SHOP) entered into a boom phase of epic proportions. As a result, anyone who happened to own SHOP stock enjoyed a spectacular return on his or her investment. Source: Beyond The Scene / Shutterstock.com Unlike some other e-commerce companies, Shopify is seller-focused: the company offers

GameStop (NYSE:GME) has been one of the year’s most amazing stories. Coming into 2021, GameStop appeared to be a nearly bankrupt video game retailer stuck in a death spiral. However, thanks to social media activism, GME stock flew to the moon in January. Source: rblfmr/Shutterstock.com Management used that opportunity to issue stock and raise sufficient

The current narrative surrounding FuelCell Energy (NASDAQ:FCEL) stock revolves around a few central ideas.  Source: Kaca Skokanova/Shutterstock One, the idea that it will rise from President Joseph Biden’s infrastructure bill and the money to be directed toward clean energy. And two, that FCEL stock is a buy-the-dip opportunity.  Let’s start there first.  Opportunity? Early in

In addition to being a penny stock, Canadian cannabis producer Sundial Growers (NASDAQ:SNDL) has been one of this year’s most-popular meme trades. That, of course, is a recipe for volatility. So far this month, we’ve seen SNDL stock shoot up nearly 50% in just two weeks, only to give back more than half its gains.

FuboTV (NYSE:FUBO) got off to a hot start at the beginning of 2021, but has since fallen off a bit. Nonetheless, sentiment appears to remain positive when it comes to FUBO stock. Source: monticello / Shutterstock.com The sports TV streaming subscription service just reported very strong growth for the third quarter 2021. It now is near

For the past two months, Gevo (NASDAQ:GEVO) has moved sideways, trading between $5 and $8 per share. This comes after GEVO stock tried to bounce back amid news of several promising deals for the renewable energy company, which helped to fuel this. Source: Oleksiy Mark / Shutterstock.com Unfortunately, it didn’t last long. Investors became impatient. Right

After months of consolidation, Bionano Genomics (NASDAQ:BNGO) is breaking down. BNGO stock has plummeted 30% since announcing earnings in early November. While the earnings report was decent, some legitimate concerns and a lack of news continue to weigh on shares. Source: Shutterstock / PopTika I’ll admit the genome analysis company is compelling, but investors should wait

This is big news if you’re a fan of investor Cathie Wood. Reportedly, Wood’s company, Ark Invest, on Oct. 27  purchased more than 2.1 million shares of online mobile gaming technology platform Skillz (NYSE:SKLZ). So does Wood’s move  mean that you should buy SKLZ stock, too? Source: NYCStock / Shutterstock.com Not necessarily. Every investor has different reasons