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
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
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.
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
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
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
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
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 —
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 coming to an end and, by all accounts, it was a disappointing period for corporate America. According to data from Bank of America, earnings for the final quarter of 2022 came in 0.1% below analyst forecasts at the start of earnings season. That was the worst quarter since Q1 202o and a
In this article KEY NSC WW Follow your favorite stocksCREATE FREE ACCOUNT Source: Weight Watchers Check out the companies making headlines after hours. WW International — Shares jumped more than 6% after WW International, also known as WeightWatchers, said it’s acquiring Sequence, a subscription telehealth platform with a focus on chronic weight management, for a
Although the topic of climate change generates intense debate, its growing reality dictates that investors consider modifying their portfolios to target certain stocks to buy. As NASA’s website states, “[t]here is unequivocal evidence that Earth is warming at an unprecedented rate. Further, human activity represents the principal catalyst. Fortunately, several public enterprises have stepped up
Investors should hold dividend stocks in their portfolios. In fact, in times of volatility, these are some of the safest stocks to own for healthy cash inflows, meaningful capital gains, and attractive valuations. Moreover, with the current market volatility, investing in the best dividend stocks to buy at attractive valuations makes sense, potentially delivering robust
Under normal circumstances involving geopolitical tensions between the U.S. and China, conflict tends to negatively affect crude oil stocks to buy. For instance, in 2019, China stated it would impose tariffs on U.S. crude oil imports, sending prices down sharply. However, the post-coronavirus new normal likely sparked a fresh paradigm for the hydrocarbon sector. This
Though the term dividend aristocrats generate plenty of interest for the underlying elite status, another even more rarefied category exists called dividend kings to buy. Rather than 25 years of consecutive payout growth, the kings command at least 50 years. As we head into uncertain times, investors should pay close attention to this rare group
When the game’s on the line, sometimes you need to call up your most experienced players, which segues into this discussion of blue-chip stocks to buy. Any sports fan realizes that age comes for every athlete, including the great Tom Brady. However, when the stakes run the highest, a certain confidence exists in putting the