Anthony Noto, CEO of SoFi Adam Jeffery | CNBC Online finance start-up SoFi is lowering the barrier for amateur investors to buy shares of companies as they go public. These IPO shares have historically been set aside for Wall Street’s institutional investors, or high-net worth individuals. Retail traders don’t have a way to buy into
In this article VIAC GS MS The Viacom office in Hollywood, California. Lucy Nicholson | Reuters Chinese stocks listed in the U.S. fell sharply last week, after several weeks in correction mode. A trader who participated in some of the wild trading in Chinese internet stocks on Friday confirmed that the primary cause of the
Pinterest (NYSE:PINS) stock was at one point surging nearly 572% off its low, Shares have slipped back recently falling from around $90 per share, to around $68 today. Source: Nopparat Khokthong / Shutterstock.com With investors shifting focus to a Covid-19 recovery, stocks that “crushed it” during the pandemic have started to pull back, but recovery
Airbnb (NASDAQ:ABNB) stock drifted lower since the Feb. 25 release of its first annual earnings statement since going public on Dec. 10. Airbnb is down 1.7% since that report. Source: Tero Vesalainen / Shutterstock.com However, the stock is up 27.5% since the beginning of the year and up 163% from its IPO price. My analysis
Snowflake (NYSE:SNOW) about even with its mid-September $240 initial public offering but it’s far below peak prices in the last six months. For example, SNOW stock closed at $325 a share on Nov. 30. Source: rblfmr / Shutterstock.com Year-to-date the shares have fallen 16.5%. The problem is the company’s sky-high valuation. It may be a while
In this article ALC-CH UPST CURI SMTC ALXO The logo of Alcon is seen on the company’s corporate headquarters in Huenenberg, Switzerland, on Monday, Jan. 4., 2010. Peter Frommenwiler | Bloomberg | Getty Images As the first quarter of 2021 winds down, analysts are taking a look at the stocks in their coverage universes and
The madness has a taken a breather in recent weeks. But crypto plays like Riot Blockchain (NASDAQ:RIOT) stock remain popular among investors. Shares in this miner of Bitcoin (CCC:BTC-USD) have produced tremendous gains since last fall when the popular cryptocurrency began its epic run to all-time highs. Source: Shutterstock But, with BTC prices appearing to
On March 11, Coupang (NYSE:CPNG) launched its IPO, which was the largest foreign company offering since Alibaba (NYSE:BABA) came public in 2014 (the amount raised was a hefty $25 billion). On the first day of trading CPNG stock surged 41%. The company raised roughly $4.6 billion. Source: Ki young / Shutterstock.com Yet CPNG stock has
Churchill Capital Corp. IV (NYSE:CCIV) has taken it on the chin in the past week. CCIV stock is down about 13% on news the special purpose acquisition company (SPAC) had not had any contact with its tentative merger partner, Lucid Motors, until after an article appeared in Bloomberg on Jan. 11 that suggested they were
What Is the Double Top Reversal Pattern? -You need a prior trend that is positive in order for it to be a reversal -There are usually two points that force a stock to reverse -As the stock climbs upward, it hits the first top, the stock goes down (sentiment is saying the stock is too
Mortgage rates hit all-time lows repeatedly in 2020 and through early 2021 amid the impact of the COVID-19 pandemic. Rates have started to drift higher over the last few weeks and may continue to rise modestly through the year. If you’re thinking of getting a mortgage or refinancing the one you already have, there are
Rising demand for lithium from Tesla and other electric car makers is sending the lithium ETF higher (TSLA, LIT). Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID Global X Lithium ETF: https://www.zacks.com/funds/etf/LIT/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
In this article EHTH MGLN Terry Vine | DigitalVision | Getty Images Company: eHealth Inc. (EHTH) Business: eHealth is a health insurance marketplace with a technology and service platform that provides consumer engagement, education and health insurance enrollment solutions. Their mission is to connect every person with the highest quality, most affordable health insurance and
Take a look at some of the biggest movers in the premarket: Intel (INTC) – Intel said it would spend $20 billion to build two new plants at existing facilities in Arizona, in an effort to grab more market shares and fill gaps created by a worldwide chip shortage. Intel aims to start production at
Nano Dimension (NASDAQ:NNDM) stock represents a company in the burgeoning tech hub of Israel. The company operates in a niche of the 3D printing sector. Source: shutterstock.com/Alex_Traksel NNDM stock has risen over the last half a year, yet operational results indicate a fundamentally troubled company. Nano has raised a lot of money, and now is
With the press coverage of Reddit group r/WallStreetBets, some traders are hunting for the next big meme stock. Moreover, there’s been speculation that the next Reddit run-up target could be real estate loan originator UWM Holdings (NYSE:UWMC). But, is this the only reason to own UWMC stock? Source: Shutterstock Wagering your hard-earned capital on a Reddit-fueled
Castor Maritime (NASDAQ:CTRM) stock is fairly alluring. The company is a shipping operator that is aggressively growing its fleet. There is a logical, if speculative, economic argument underpinning an investment in shipping stocks. Source: Pavel Kapysh / Shutterstock.com The company now has a fleet in excess of a dozen ships. CTRM stock is currently trading
In this article BA NOC SPCE RTX GNPK SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA The National Aeronautics and Space Administration last year marked two decades of astronauts continuously onboard the International Space Station. But, as the floating research laboratory ages, the space agency is turning
In this article MO PRGS NIO LYFT UBER ROOT MSFT F NLY MSGN MSGE BOWX WFC C BAC JPM ZM Take a look at some of the biggest movers in the premarket: BowX Acquisition (BOWX) – The special purpose acquisition company will take office-sharing company WeWork public in a deal worth $9 billion, including debt.