Source: shutterstock.com/helloabc Chinese electric vehicle (EV) producer XPeng (NYSE:XPEV) is down about 8% today after reporting declining sales and deliveries. Today should have been excellent for the company, which just joined the Hang Seng TECH Index. Unfortunately, even that milestone hasn’t been enough to overpower the company’s disappointing February figures. XPEV stock has been gradually …
Category Archives: Stock Market
Can Speculators Trust the Latest Swing Up in SKLZ Stock?
Although special purpose acquisition companies, or SPACs, gained notoriety over the trailing year-and-a-half period, they do offer a clear advantage to retail investors. Without these blank-check firms, regular folks may not have a chance to buy names like Skillz (NYSE:SKLZ) stock. That’s because traditional market debuts are comparatively onerous, perhaps enough so to prevent SKLZ …
Continue reading “Can Speculators Trust the Latest Swing Up in SKLZ Stock?”
Is BABA Stock a Value-Growth Play or a Value Trap?
I have been wrong on Alibaba (NYSE:BABA) thus far. I kept expecting the “Dogs of the Dow” theory to come into play, where underperforming, high-quality tech stocks would fetch a bid. For BABA stock — and others, like Amazon (NASDAQ:AMZN) until very recently — that hasn’t panned out too well. Unlike Alibaba though, at …
Continue reading “Is BABA Stock a Value-Growth Play or a Value Trap?”
SPRT Stock: Will Support.com’s Hail Mary Hit the Target?
Support.com (NASDAQ:SPRT) holds its special meeting on Sept. 10 to vote on its merger with Greenridge Generation Holdings. The merger’s acceptance requires that more than 50% of owners of SPRT stock vote to approve the deal. The two parties announced their merger on March 22. The day before the merger announcement, SPRT closed at $2.14. …
Continue reading “SPRT Stock: Will Support.com’s Hail Mary Hit the Target?”
Altcoins Breaking Out | InvestorPlace
Altcoin gains leave bitcoin gains in the dust… the fundamentals and technicals look healthy … one altcoin that has exploded, and could double from here Before we jump into today’s Digest a quick note… Our InvestorPlace offices will be closed tomorrow and Monday in honor of Labor Day. If you need any help from our Customer …
3 Energy Stocks Popping with Oil: XLE, COP, HES
Oil prices pushed past $70 for the first time in a month in late-day trading Thursday. The rally is breathing new life into the energy sector, which is up 2.5% at this writing. For the past quarter, energy stocks have been lagging the broader market, so shareholders are cheering the newfound strength. To celebrate the …
Continue reading “3 Energy Stocks Popping with Oil: XLE, COP, HES”
DKNG Stock: DraftKings Is A Buy Before The Football Season
A leader in the online sports gambling industry, DraftKings (NASDAQ:DKNG) is expanding its presence across the States and is expected to benefit from the upcoming football season. The company is making well-timed moves to build new offerings and achieve growth. It has successfully partnered with some of the top sports companies to offer a unique experience …
Continue reading “DKNG Stock: DraftKings Is A Buy Before The Football Season”