Stock Market

Zomedica (NYSEAMERICAN:ZOM) is the “meme stock” that just can’t take off. Despite constant prodding from Reddit and even some positive opinions from InvestorPlace, this pet health company remains in the penny stock dungeon. In fact, ZOM stock shares haven’t traded above $1 since April. Source: didesign021 / Shutterstock.com Fortunately, though, help is on the way

It continues to be more of the same for Rocket Companies (NYSE:RKT). In the week ending July 16, mortgage rates fell for the third consecutive week. That downward move is counterintuitive to Rocket’s underlying business model. Many investors felt RKT stock would benefit from a strong housing market. However, shares of Rocket continue to move lower. Source: Lori

Last month, I wrote about Square (NYSE:SQ) stock using a comparison with PayPal (NASDAQ:PYPL) and concluded it was way too cheap. On June 7, SQ stock closed at $216.95 and I wrote it was worth $250.33. Source: monticello / Shutterstock.com Since then, SQ stock jumped to as high as $254.78, but has fallen to current

Once upon a time, electric trucking company Hyliion (NYSE:HYLN) was a Wall Street darling. Investors were wowed by the company’s breakthrough renewable natural gas (RNG) technology as well as its potential to address the shortcomings of electric and hydrogen technology in long-haul trucking. From June to September 2020, HYLN stock soared from $10 to $55.

Imagine for a moment that you are an American investor, but as one you’re not allowed to buy into Amazon (NASDAQ:AMZN) yet Chinese investors are. Well, that’s where Chinese investors have actually been regarding Alibaba (NYSE:BABA) and BABA stock of late. Source: testing / Shutterstock.com What do I mean? This Chinese cloud company first listed on

Investors are frequently advised to put their emotions aside when buying or selling stocks. However, I believe the problem with Palantir Technologies (NYSE:PLTR) is that too many investors are caught up in their “feels.” That’s the only explanation I can think of for the rollercoaster ride that’s been PLTR stock since its direct listing.  

Before the novel coronavirus pandemic upended our paradigm, financial advisors bemoaned that millennials and Generation Z were falling behind prior generations regarding achieving certain financial milestones. Suddenly, though, the public health crisis incentivized everyone to look to the market for wealth enhancement. Amid this baptism of fire, one trading tactic has been emblematic of this

Churchill Capital Corp IV (NYSE:CCIV) possibly marked the peak of the frenzy surrounding special purpose acquisition companies (SPACs) this past year. However, CCIV stock has recently remained depressed after its significant fall from an all-time high of $64.86 in February. Source: gg5795 / Shutterstock.com To me, this does not come as a surprise. At just

Netflix (NASDAQ:NFLX) stock popped nearly 3% in early morning trading on Jul. 15. The leap came after the video-streaming leviathan solidified its plans to enter the video-game space. Specifically, Netflix announced its pick for vice president of video game development, Mike Verdu — formerly of Electronic Arts (NASDAQ:EA) and Facebook (NASDAQ:FB). This is undoubtedly exciting

Elon, are you listening? Because Lucid Motors, currently known as Churchill Capital Corp IV (NYSE:CCIV), just opened fire. Lucid’s CEO Peter Rawlinson delivered a finely honed message during yesterday’s investor call: the EV newcomer is about to challenge Tesla’s (NASDAQ:TSLA) dominance in electric vehicles. And, you remember that exorbitantly rich valuation for CCIV stock I’ve

Airbnb (NASDAQ:ABNB) has been a volatile stock since its initial public offering (IPO). Since going public in December 2020, ABNB stock has soared over $219 per share. But the stock has come down considerably since then. At the time of this writing, shares of Airbnb are trading hands for around $150. This is essentially right at

Clover Health (NASDAQ:CLOV) stock has fallen back to around $9 per share. Should you buy this recent dip? It depends whether you are buying this on its fundamentals. Or, if you’re approaching this a short-term squeeze trade. Source: Shutterstock As seen in my past coverage of “short squeeze” stocks, I’m skeptical that another round of

Vaxart (NASDAQ:VXRT) has been one of the most volatile names in the biotech sector in the last 12 months. One reason is that it’s still trying to participate in the Covid-19 vaccine race. Another is that VXRT stock has been adopted by the Reddit crowd.   Source: Photo courtesy of Vaxart, Inc. However, with the stock

Airlines were some of the hardest-hit companies during the pandemic, and that was reflected in tanking stocks. American Airlines (NASDAQ:AAL) may be the world’s largest airline, but it was no exception. In just over one month starting last February, AAL stock dropped 65%. With the pandemic effectively grounding flights, shares remained at depressed levels through

As I write this, Clover Health (NASDAQ:CLOV) is trading at $8.78 per share. But by the rumblings on the Reddit message boards, CLOV stock is about to go higher. Clover has been one of the “stonks” that are a part of the investing landscape in 2021. Affectionately called the “apes,” this network of traders is ready to

I have to admit, you have to admit – almost anyone with hope for a Rust Belt recovery would have to admit – that the story of Lordstown Motors Group (NASDAQ:RIDE) and RIDE stock warmed the heart. What a promise for the Heartland! All signs pointed to success for the effort, which promised to convert a

Data mining firm Palantir (NYSE:PLTR) has taken its investors on a wild ride since going public last September. The volatility in PLTR stock raises concerns about its risk. Source: Sundry Photography / Shutterstock.com The reality is that the company has a highly compelling business model with solid competitive strengths. It finds itself in a unique

Although Coupang (NYSE:CPNG) is one of the most intriguing names in business because of its remarkable ascent, I had reservations about the company when I last wrote about in April of this year. It wasn’t an easy article to write since I covered it when CPNG stock was a private equity play; thus, I had

Conservative investors who look at a timeline of Workhorse’s (NASDAQ:WKHS) stock this year might agree with my conclusion: There remains no fundamental reason to snap up shares currently.  Source: Shutterstock Thus far, there have been two distinct peaks in Workhorse share prices in 2021. Let’s look back on what fueled WKHS shares upward on those

I’m not exactly sure when this meme trading phenomenon will end, although I’m fairly confident that – like other market phenomena over the centuries – it will eventually do so. In the meantime, I fully respect the potential for Tilray (NASDAQ:TLRY) to enjoy the fruits of the movement. Since the closing low of May this