On March 6, Mullen Automotive (NASDAQ:MULN) was dealt a one-two punch after its accounting firm, Daszkal Bolton LLP, announced it was resigning. The 150-person Florida-based firm will be replaced by a far smaller NYC-based outfit, RBSM LLC. The same day, the automaker missed a deadline to meet the minimum $1 share price for Nasdaq listing
Investing in Cathie Wood stocks means directing your money toward innovation. And that means investing heavily in tech, a sector that has been pummeled by interest rates held higher by a Federal Reserve battling runaway inflation. Cathie Wood’s portfolio can be found here and includes hundreds of holdings primarily in tech. Wood’s ARK Investment Management includes
Stocks to sell are those that are underperforming and not meeting investors’ expectations. Or, investors may sell stocks because they believe the stock’s future performance is poor. Other times, investors may want to sell the stock to minimize losses and invest elsewhere, or even free up capital. The following are three stocks to sell if you
On Monday, SEC filings revealed that three executives had bought an enormous amount of iHeartMedia (NASDAQ:IHRT) stock. Together, the firm’s CEO, CFO and chief accounting officer snapped up over 190,000 shares worth $1.05 million. It’s a fascinating turn of events. iHeartMedia’s stock is down almost 75% since 2022, and shares trade as a stub on
Aside from inflation and military conflict, one of the most-discussed topics centers on global food shortages, thus cynically incentivizing food stocks to buy. Predominantly, Russia’s unjustified invasion of Ukraine dramatically disrupted critical supply chains, resulting in price escalation. In turn, crises throughout the world may turn worryingly volatile as desperate nations become even more so.
Due to a combination of macroeconomic challenges and affordability constraints, investors should be aware of the real estate stocks to avoid. Admittedly, the contrarian narrative initially seems compelling. With publicly traded securities in the housing sector suffering steep losses last year, this year might offer an upside opportunity. For a brief moment, a sharp drop
In this article DISH SNAP WW UAL RIVN DAL Follow your favorite stocksCREATE FREE ACCOUNT Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: Rivian Automotive —Shares
The bear market has been punishing for stocks, crushing hopes and dolling out major losses. While many companies have held up okay, others continue to struggle. It makes investors wonder when we’ll see the next trillion-dollar company. It wasn’t that long ago that a trillion-dollar market capitalization seemed unreachable. But before long, Apple (NASDAQ:AAPL) grazed
Last week, I wrote that Troika Media (NASDAQ:TRKA) might be one of the most mispriced penny stocks of the year. The advertising firm’s fundamentals… and completely misunderstood balance sheet… meant that retail investors had likely found a 1,000% winner. In honesty, I also oversimplified matters by calling Troika Media a “surprisingly ordinary reverse merger.” What’s
Got a C-note that’s burning a hole in your pocket? Now’s a great time to consider wagering that extra $100 in your account on electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Sure, RIVN stock could fall this year, and that’s why you don’t want to invest too much. However, a number of expert predictions suggest
Electric vehicle (EV) manufacturer Lordstown Motors (NASDAQ:RIDE) was mentioned on a number of financial media platforms but not for something positive. Indeed, onlookers might wonder whether there’s something fundamentally wrong with Lordstown’s electric pickup truck, which is called Endurance. Sorry to say it, but RIDE stock investors will need a great deal of endurance to ride
Preston Pysh talks with Jason Brett and Tyler Lindholm about the new Lummis-Gillibrand Bill that was recently submitted to congress to cover digital assets. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:02:06 – How Tyler worked on some of the digital asset laws in Wyoming. 00:05:11 – How did some of those laws in
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In this article DKS WW RIVN META Follow your favorite stocksCREATE FREE ACCOUNT Visitors take photos in front of the Meta (Facebook) sign at its headquarters in Menlo Park, California, on December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making the biggest moves in premarket trading: Meta —
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Based on recent price action with Carvana (NYSE:CVNA), a growing number of investors may be considering CVNA stock worthy of a buy as a contrarian wager. Although some may be approaching it as a short-term short-squeeze trade, many may be diving back in on the hope that it survives the current industry downtown. If it
Can Lucid Group (NASDAQ:LCID) successfully compete with much bigger and more famous electric vehicle manufacturers? Recent results don’t look good for Lucid, and since the company isn’t ambitious in its EV production goal, financial traders should be cautious with LCID stock. As you may be aware, Lucid’s vehicles are so expensive that they don’t qualify for
In early February, it seemed as if Mullen Automotive (NASDAQ:MULN), after a rough 2022, was about to turn a corner. However, in recent weeks, investors have grown more bearish about MULN stock. Shares in the electric vehicle maker have fallen by about 50% over the past few weeks. While Mullen has yet to re-test its
Meme stocks, also known as Reddit stocks or social media stocks, have captured the attention of many investors over the past year due to their volatile price movements and popularity on online forums. While some investors have profited significantly from these stocks, others have suffered large losses. As we head into the end of the
Earnings season is in full swing. Granted, company earnings haven’t done much good to the stock market, but smart investors know that buying stocks before earnings could increase their chances of making big money. Whenever a company beats expectations or even has an upbeat projection, the stock can move upward for significant gains. In fact,