What Happened to the Roku Stock Price Today? Source: JHVEPhoto / Shutterstock.com Roku (NASDAQ:ROKU) stock saw wobbly trading Wednesday — at one point, dropping about a percent — on what was otherwise a very strong day for the stock market, and especially for tech stocks. The lack of conviction among traders can be attributed to
Everyone loves the disrupters Cathie Wood buys for her ARK Innovation ETF (NYSEARCA:ARKK). But there are older tech stocks out there that still represent innovation. While ARK favorites like Tesla (NASDAQ:TSLA), Coinbase (NASDAQ:COIN) and Zoom Video (NASDAQ:ZM) look overvalued, investors may be missing some bargains. These companies were big long before the cloud was even
In this article VABK Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic shares fell in trading Tuesday after Ark Invest’s space exploration ETF sold nearly half its stake in the space tourism company. Cathie Wood’s firm sold 275,204 shares of Virgin Galactic from
Traders on the floor of the New York Stock Exchange. Source: NYSE The market is showing some signs of exhaustion, and with good reason. Most major parts of the market have run up significantly in the past month. But there is a growing chorus warning that we are at “peak everything.” That is, peak earnings
Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon reported quarterly earnings of $1.31 per share, 2 cents a share above estimates. Revenue also beat analysts’ forecasts. Verizon lost more wireless subscribers during the quarter than analysts had been anticipating. Welbilt (WBT) – Welbilt shares surged 14.8% in
Carnival (NYSE:CCL) stock has struggled even as the novel-coronavirus pandemic winds down. It’s been the same across all of the cruise industry. Source: Kokoulina / Shutterstock.com Despite impassioned pleading by the companies in the sector and a lawsuit by the state of Florida seeking to end the CDC’s ban on cruises originating from the U.S, the
On today’s show, Preston and Stig learn important lessons about Bitcoin from Trace Mayer. IN THIS EPISODE, YOU’LL LEARN: – How to value bitcoin using the Mayer Multiple – Why bitcoin is about bringing trust to a new monetary system – How bitcoin might look 5 years from now – How to think about the
COVID-19 has created an Apollo Mission status for advanced medical technologies and smart investors are profiting.
When a company announces a stock buyback, it means that it intends to repurchase some or all of the outstanding shares it originally issued. In exchange for giving up ownership in the company and periodic dividends, shareholders are paid the stock’s fair market value at the time of the buyback. A company may choose to
Since the November election, Wall Street has been looking for investments that are likely to benefit from President Biden’s policies. But of course, this has meant that it is tough to find cheap stocks! Yet the rally has been uneven. And yes, there are some interesting stocks to buy that are at reasonable valuations. For
Generally, I try to avoid becoming overly negative on a particular company. Based on Murphy’s law, such negativity results in the target firm becoming one of the top-performing hypergrowth securities. But regarding Canoo (NASDAQ:GOEV), I have doubts. From where I stand, everything that could go wrong for the company, did go wrong. Logically, this bodes
Value investor Bill Miller told CNBC on Tuesday that one of his firm’s funds sold its GameStop holdings during the Reddit-fueled frenzy that began earlier this year. “We had GameStop in our deep-value product, and I think our cost on it was around $4 or something,” Miller said in an interview on “The Exchange.” “When it got
Traders work on the floor of the New York Stock Exchange. NYSE Stocks are now in a choppy period, and technical analysts say it has the look of a short-term pullback. Strategists say it would make sense for this week’s selling to fit in the pattern of many pullbacks with a 3% to 5% decline.
The stock market, as measured by the S&P 500, keeps hitting new all-time highs. However, not all stocks are taking part. In fact, many more speculative areas such as special purpose acquisition companies (SPACs) and electric vehicles (EVs) have sold off sharply in recent weeks. As a result, investors are looking to play some defense.
GameStop (NYSE:GME) sells gaming discs in physical stores that no one is going to anymore. Kids can just as easily rent or buy them online. So why is GME stock trading so high? Source: Shutterstock / mundissima The stock has been on a roller coaster as of late. At the end of December 2020, GME
The past year’s price action in the shares of video-game retailer GameStop (NYSE:GME) have been exciting, to say the least. The famous Reddit-fueled short squeeze of GME stock has created wealth for some traders, and destroyed the accounts of others. Source: quietbits / Shutterstock.com For old-school, valuation-obsessed investors such as myself, it’s been fascinating and perplexing.
There is a bull case for AMC Entertainment (NYSE:AMC) stock. To be clear, I don’t subscribe to that case. But as with nearly every stock out there, a reasonable investor can make a case for being long. Source: QualityHD / Shutterstock.com The end of the novel coronavirus pandemic should boost the company’s revenue after an
Take a look at some of the biggest movers in the premarket: Kansas City Southern (KSU) – Shares of the rail operator surged 18.9% in premarket trading, after Canadian National Railway (CNI) offered $325 per share in cash and stock for the company, topping a prior $275 per share offer from Canadian Pacific (CP). The
To achieve dividend kings status, a company has to provide its shareholders a dividend increase for at least 50 consecutive years. This is no mean feat, but consumer goods companies may have an advantage. Source: iQoncept/shutterstock.com Companies in the consumer staples sector sell everyday items, such as toothpaste, snacks, beverages and laundry detergent, that consumers
Canoo (NASDAQ:GOEV) closed its SPAC (special purpose acquisition company) merger on Dec. 21, 2020, and received $607 million. Since then, however, GOEV stock has dropped precipitously. Source: Shutterstock In fact, Canoo has not announced the production partners for its Canoo lifestyle electric vehicle (EV). Maybe this has something to do with the fall in GOEV