Stock Market

Traders who’ve held shares of online entertainment platform Roblox (NYSE:RBLX) have done well overall since the company went public. Yet, RBLX stock has been frustratingly directionless in the past couple of months. Source: Miguel Lagoa / Shutterstock.com Roblox is a promising company as it offers gamers an immersive virtual world and an escape from reality for
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Zomedica (NYSEAMERICAN:ZOM) is the “meme stock” that just can’t take off. Despite constant prodding from Reddit and even some positive opinions from InvestorPlace, this pet health company remains in the penny stock dungeon. In fact, ZOM stock shares haven’t traded above $1 since April. Source: didesign021 / Shutterstock.com Fortunately, though, help is on the way
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The last time I wrote about the Israeli 3D printer Nano Dimension (NASDAQ:NNDM) was in early April. I was intrigued about the company because two of Ark Invest’s ETFs owned NNDM stock.  Source: Spyro the Dragon / Shutterstock.com Fast forward to mid-July. Ark Invest Chief Executive Officer and portfolio manager Cathie Wood has added to
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It’s been almost two months since AT&T (NYSE:T) announced it was spinning off WarnerMedia and merging it with Discovery (NASDAQ:DISCA, NASDAQ:DISCK), the owners of such networks as HGTV and the Food Network. Source: Jonathan Weiss/Shutterstock    Right in the press release, it justified its dividend cut, which will see the quarterly payment drop by half
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Before the novel coronavirus pandemic upended our paradigm, financial advisors bemoaned that millennials and Generation Z were falling behind prior generations regarding achieving certain financial milestones. Suddenly, though, the public health crisis incentivized everyone to look to the market for wealth enhancement. Amid this baptism of fire, one trading tactic has been emblematic of this
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Remarkably, the strange dynamic behind the novel coronavirus pandemic sparked an extraordinary rally in cryptocurrencies in the latter end of 2020, sparking a paradigm-shifting credibility boost for Bitcoin (CCC:BTC-USD) and other cryptocurrencies. In theory, this should bolster Coinbase Global (NASDAQ:COIN), basically a secondary market for digital assets. However, a quick look at COIN stock will
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Netflix (NASDAQ:NFLX) stock popped nearly 3% in early morning trading on Jul. 15. The leap came after the video-streaming leviathan solidified its plans to enter the video-game space. Specifically, Netflix announced its pick for vice president of video game development, Mike Verdu — formerly of Electronic Arts (NASDAQ:EA) and Facebook (NASDAQ:FB). This is undoubtedly exciting
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Marin Software (NASDAQ:MRIN) does not engage in deceptive advertising. But its success is deceptive. That’s why MRIN stock has become the latest meme target on Reddit. Source: Gil C / Shutterstock.com Small traders on r/WallStreetBets target stocks that seem to have life but whose results are lacking. That’s what Gamestop (NYSE:GME), AMC Entertainment (NYSE:AMC), Clover
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The short-squeeze rally in meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) is poised to go down in financial history books in terms of shareholder gains. However, a short squeeze is only a temporary phenomenon if the underlying business lacks solid fundamentals. This would be true even for GameStop and AMC if their sky-high
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Covid-19’s disruptive influence wasn’t limited to publicly traded securities already trading on the market. The schedule for initial public offerings, or IPOs, was also thrown for a loop. However, a dramatic decrease in Covid cases set the stage for a rush of new stocks. To understand the dynamics of IPOs, I highly recommend reading books
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Previously, I’ve taken a cautious view of FuboTV (NYSE:FUBO) stock. The company, a combo streaming/sports betting play, appeared to be at a long-term disadvantage, due to the high competition from larger, deeper-pocketed rivals. Source: monticello / Shutterstock.com In hindsight, that appears to be a short-sided view. Taking another look at the details, it’s clear there’s
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