After hours: 4:33PM EDT
|Bid||54.55 x 800|
|Ask||54.59 x 800|
|Day's Range||51.85 - 54.68|
|52 Week Range||47.17 - 88.60|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||73.21|
Equiteq CEO David Jorgenson joins Yahoo Finance's Adam Shapiro, Julie Hyman, and Brian Sozzi to explain why tech companies should be paying close attention to the cybersecurity index.
The We Company, parent company of WeWork, is the latest in a string of start-up unicorns set to go public this year. It is valued at $47 billion, but like other newly public companies such as Lyft and Uber, WeWork isn't turning a profit. Instead, it's hemorrhaging cash.
In the WJLA report, ride-share drivers revealed how they tricked the system into thinking that there were no drivers nearby and waited till prices rose.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Beyond Meat, Inc. (BYND) and its recent IPO that has seen it destroy Uber (UBER) and Lyft (LYFT).
Drivers presently earning a living through tech companies like Uber Technologies Inc (NYSE: UBER), LYFT Inc (NASDAQ: LYFT) and DoorDash may want to consider delivering marijuana instead. Some cannabis firms are sweetening the pot, so to speak, by offering delivery drivers a benefits package in an attempt to get them to jump ship on their current employer and join their team. It is a move that could force the gig economy to change the way it operates in order to stay competitive, according to a recent report from Yahoo Finance.
NEW YORK, May 20, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
Traders hoping for a sharp "V"-shaped recovery were sorely disappointed on Friday. The markets' winning streak ended at three days and placed indexes on precarious footing heading into the new week. Couple that with this morning's weak open and we have a backdrop that seems to favor finding stocks to sell.Fortunately, my weekend surveying revealed a handful of candidates. Their charts are littered with evidence that bears maintain control and are positioned to continue dominating this week. Price trends are pointing lower. Moving averages of all time frames are falling. Distribution days pockmark the volume indicator. * 7 High-Yield REITs to Buy (Even When the Market Tanks) And, perhaps most importantly, all three of today's stocks to sell candidates boast low-risk entries near resistance. Let's take a closer look.InvestorPlace - Stock Market News, Stock Advice & Trading Tips 3 Stocks to Sell for Big Profits: Boeing (BA)Source: ThinkorSwim Boeing (NYSE:BA) was able to cobble together a rare four-day winning streak last week that returned the troubled airplane maker directly to the scene of its earlier breakdown. The importance of the $360 zone can't be overstated. It's the location of an old, significant support level, as well as both the 200-day and 20-day moving averages.The confluence of potential resistance will make it challenging for BA stock to break back above that level. If anything, last week's rebound is setting up an attractive opportunity to deploy bearish trades for those willing to bet the downtrend isn't over.To capitalize on its next descent, buy the June $355/$340 bear put spread for $5.90. The risk is limited to $5.90, and the reward is $8.95. IBM (IBM)Source: ThinkorSwim IBM's (NYSE:IBM) rousing 2019 recovery was cut short last month after the company reported disappointing earnings. Since then, sellers have dominated and pushed its shares back below the 200-day moving average. Last week's three-day rally did little to change the big picture, acting instead as a dead-cat bounce. It created a more attractive entry for new bear trades.Friday's slip and this morning's downside followthrough confirm sellers are still in control while signaling the next downswing is upon us. Further weakness should carry IBM stock back to $130 in the coming weeks. * 6 Chinese Stocks That Could Pop On a Trade Deal Here's an option spread with the potential to double your money. Buy the July $135/$130 bear put spread for $2 or less. If IBM sits above $135 at expiration, you will lose the $2 paid. But if it can fall below $130, you'll gain $3, or roughly 150% of your original investment. Lyft (LYFT)Source: ThinkorSwim Ever since its IPO, Lyft (NASDAQ:LYFT) shares have had an anvil tied around their ankle. The descent has proved inescapable and provided multiple entries for short-sellers. One such setup is beckoning right now. Last week's three-day pop buoyed LYFT stock into its descending 20-day moving average, creating a low-risk setup for spectators looking to play the downtrend.Look for the stock to re-test its pivot low at $47. Consider that your first downside target. Buy the Jul $50/$45 bear put spread for $2. Your risk is $2, and the reward is $3.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post 3 Stocks to Sell for Big Profits appeared first on InvestorPlace.
The suit claims Lyft failed to disclose issues it knew about concerning its bike-sharing program and labor.
U.S. stock futures were pointing to a lower Monday open on Wall Street, as fallout from the U.S. crackdown on China's Huawei weighed on market sentiment. The Dow was coming off four consecutive weekly losses, while the S&P 500 and Nasdaq were off for the past two weeks. More than halfway through the month, the Dow, S&P 500, and Nasdaq were all on track to post their first losing May since 2012.
Uber Technologies and Beyond Meat are among new IPOs with interesting stock charts. But Pinterest and Lyft show why you shouldn't buy IPO stocks right away. Here's how to handle them.
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.
In the wake of the companies’ disappointing IPOs, investors are starting to wonder whether ride-hailing is an attractive business model
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Lyft, Inc. (LYFT) pursuant and/or traceable to the Company’s March 2019 initial public offering (the “IPO” or the “Offering”). The lawsuit seeks to recover damages for Lyft investors under the federal securities laws. To join the Lyft class action, go to http://www.rosenlegal.com/cases-register-1558.html or call Phillip Kim, Esq.
Luckin Coffee Inc. closed up 20% after raising $561 million, while Fastly Inc. ended its first day of trading up 50% after its $180 million listing. Avantor, owned by New Mountain Capital, sold 207 million shares for $14 each on Thursday. Avantor had increased the number of shares for sale earlier Thursday, but dropped the price range to $14 to $15 each from a previous target of $18 to $21.
Lyft is sued by investors over its initial public offering - court filing Lawsuit also names Lyft executives and bank underwriters as defendants. Lawsuit claims Lyft misled investors about its ridesharing ...
Option Pit founder Mark Sebastian told Yahoo Finance On the Move that he doesn't think the Federal Reserve will cut interest rates later this year.
Block & Leviton LLP (www.blockesq.com), a Boston-based securities litigation firm representing investors nationwide, has filed a securities fraud class action against Lyft, Inc. (LYFT), certain of its officers and directors, and underwriters of its recent initial public offering, alleging violations of the Securities Act of 1933. The lawsuit alleges that Defendants made false and misleading statements in Lyft’s registration statement and prospectus issued in connection with the company’s March 29, 2019 initial public offering.
Recent IPOs by unicorn company giants like Uber and Lyft have investors dreaming of IPO stocks of yore. But will they become great growth stocks? Here's what you need to know.