What happened Shares of Nicholas (NASDAQ: NKLA) climbed 8% on Monday morning following positive comments about the company from analysts at JP Morgan. The year ends on a sour note for Nikola, but some on Wall Street expect more positive news flow around the company in 2021. So what Nikola has packed a lot in […]
What happened Shares of Triterras (NASDAQ:TRIT) soared today, up 16% as of 3:00 p.m. EST, after the company received a vote of confidence from Wall Street. Oppenheimer reiterated an outperform (equivalent to buy) rating alongside a price target of $23. So what Triterras has come under heavy pressure after revealing last week that a major […]
This year has been a doozy, right? A global health crisis, a political climate that divides the United States, civil unrest and record unemployment – even the most daring screenwriters might be reluctant to combine all these plots into one storyline. But here we are, trying to adapt and survive the stranger-than-fiction drama of 2020. […]
Wells Fargo (NYSE: WFC) was one of the worst performing stocks in the financial sector. Not only has the COVID-19 pandemic hit Wells Fargo harder than its peers, but the bank’s infamous “false accounts” scandal and numerous other issues in recent years have caused the bank to underperform even before . Since 2016, Wells Fargo’s […]
There’s no doubt that the coronavirus pandemic has been a boon to the video streaming industry. Subscriptions to services such as netflix (NASDAQ:NFLX) have increased, and third-party aggregators like Reelgood have also reported a big increase in streaming time. This trend comes as no surprise given the stay-at-home mandates and advisories during the crisis, but […]
What happened Genworth Financial (NYSE: GNW) on Tuesday announced a further extension to its proposed agreement to be acquired by China Oceanwide Holdings, the 15th time the two parties have extended the deadline to complete a deal originally announced in 2016. But the extension also sets the terms for the cancellation of The agreement, The […]
What happened Shares of a struggling electric truck startup Nicholas (NASDAQ: NKLA) were down again on Tuesday. A post-IPO lock expired on Tuesday morning, allowing insiders to sell millions of shares – and it added selling pressure to a stock that was already feeling the impact of a disappointing deal with General Engines (NYSE:GM) announced […]
What happened Shares of Arcimoto (NASDAQ: FUV) climbed 721.7% last year, according to data from S&P Global Market Intelligence. Electric vehicle (EV) stock has soared thanks to the company’s dramatic sales gains and incredible momentum from the industry as a whole. FUV data by YCharts 2020 has been a huge year for electric vehicle stocks, […]
What happened As of noon EDT Wednesday, shares of You’re here (NASDAQ: TSLA)were trading about 9% lower. The stock, however, was down 14.7% earlier in the day. The growth stock’s decline likely reflects some investors’ profit-taking after its huge surge in 2019 and 2020. Additionally, some investors may have been spooked by news that the […]
What happened Shares of the waste management and energy solutions company Covanta (NYSE: CVA) rose 18% early Friday and remained up 16.3% at 1:50 p.m. EDT. The company released its third-quarter results Thursday evening and said its operations were back to near pre-pandemic levels. However, the company’s shares are still down more than 40% year-to-date, […]