This is one crazy egg-speriment
This is one crazy egg-speriment
Dynavax Technologies (NASDAQ: DVAX) stock was down 6.3% as of 11:26 a.m. EDT, while shares of Novavax (NASDAQ: NVAX) and Vaxart (NASDAQ: VXRT) were falling 7.8% and 10.6%, respectively. The declines for the biotech stocks appear to merely be run-of-the-mill volatility on a day when the overall stock market was down. Sales of its Heplisav-B hepatitis B vaccine were negatively impacted by the COVID-19 pandemic.
Shares of AMC Entertainment (NYSE: AMC) and especially Torchlight Energy (NASDAQ: TRCH) are going "to the moon" today, having risen 11% and 44% (!) respectively in 11 a.m. EDT trading. In contrast, it looks as if Petco Health and Wellness (NASDAQ: WOOF) stock is in the doghouse -- down 8.4%. There's no particular substantive news that could explain Torchlight's astounding 44% rally in the first 90 minutes of trading today.
What happened Shares of Plug Power (NASDAQ: PLUG) plummeted 5% in 12:30 p.m. EDT trading on the Nasdaq Tuesday. It's not hard to figure out why. As Reuters reported this morning, General Motors (NYSE: GM) is teaming up with Wabtec (NYSE: WAB) to supply "electric batteries and hydrogen fuel cell systems" for Wabtec's train locomotives, with deliveries set to begin as early as 2023.
Rolls-Royce Holdings plc ( LON:RR. ) is possibly approaching a major achievement in its business, so we would like to...
In this article we will take a look at the 10 best steel stocks to buy amid upcoming infrastructure, construction boom. You can skip our detailed analysis of these companies, and go directly to the 5 Best Steel Stocks to Buy Amid Upcoming Infrastructure, Construction Boom. Steel prices are soaring amid a rising demand as […]
Investors might want an inflation hedge, and these three companies have additional reasons to own them.
As of 11:50 a.m. EDT, Nikola shares were down 7.6%. There are two pieces of news today that are related to the use of hydrogen in transportation, which Nikola is counting on for its long-term success. First, in what could be potentially considered direct competition for Nikola, the Jaguar Land Rover automotive brand announced it is developing a hydrogen fuel cell electric vehicle (FCEV) based on its new Land Rover Defender sport utility vehicle.
The price of Petco Health and Wellness Company (WOOF) shares was up 17.9% after closing at $28.05 on June 14. Petco is a health and wellness company focused on improving the lives of pets. The pet retailer is betting on soaring pet adoption rates, increasing spending on pet products, and its offering of services like pet hospitals, grooming, and animal training classes, to win love for its stock. Currently, the company has an $8.47 billion market capitalization. WOOF has gained 9.6% in the past
Shares of the biotech industry leader have taken a big hit thanks to a clinical development pipeline that hasn't produced any big wins lately.
Many investors have been overwhelmed by the number of SPAC deals in the electric-vehicle space over the last year, and some have soured on the space now that a couple of last year's darlings have turned out to be, well, less than they seemed. Colorado-based Solid Power, founded in 2012, is one of several companies working to develop so-called solid-state batteries, which omit the liquid electrolyte used in the lithium-ion batteries that power most electric vehicles today.
They've both been volatile investments this year -- but which one possesses more potential over the long haul?
Shares of Sage Therapeutics (NASDAQ: SAGE) are being beaten down today in response to an important clinical trial readout for a potential new depression drug, zuranolone. Investors unhappy with lackluster results for the drug pushed the biotech stock 17% lower as of 12:38 p.m. EDT on Tuesday. Today, Sage Therapeutics announced top-line results from the Waterfall study with zuranolone, a potential new drug for major depressive disorder that the company is developing in partnership with Biogen (NASDAQ: BIIB).
In this article we will take a look at the 10 best growth stocks to buy in 2021 and hold for several years to come. You can skip our detailed analysis of the major growth catalysts for growth stocks and go directly to 5 Best Growth Stocks to Buy and Hold for Several Years. Note […]
Market crashes are unavoidable. That's true for even the best stock pickers and the brightest asset managers. Since 1928, the S&P 500 has dropped 10% on 54 different occasions -- that's once every 1.
Shares of uranium miners Energy Fuels (NYSEMKT: UUUU), Cameco (NYSE: CCJ), and NexGen Energy (NYSEMKT: NXE) stocks all dropped in afternoon trading Monday, falling 7.5%, 8.7%, and 9.2%, respectively, through 12:30 p.m. EDT. Since its most recent bottom in late April, the spot price on uranium has run up 12.5% to $30.26 per pound today -- and you'd think that investors in miners Energy Fuels, Cameco, and NexGen would take that as good news, but here's the thing: Today's uranium price is roughly equal to what the atomic power raw material cost 11 months ago, in July 2020. As MiningReview.com points out today, you need to see spot uranium prices around $60 per pound to "incentivize" producers to mine more uranium.
On June 11, Vaxart (NASDAQ: VXRT) stock skyrocketed 22% after Piper Sandler analyst Yasmeen Rahimi initiated coverage of the company with a price target of $18. In setting the price target, the analyst cited the validation of the company's novel adenoviral platform, Ad5, in 200 clinical studies. Vaxart is using the technology to develop a novel, pill-based oral coronavirus vaccine candidate.
The Chinese Electric Vehicle manufacturer Nio Inc. (NIO) has witnessed steady gains in its stock price over the past month. The stock is up around 37% and closed 2% higher on June 14 at $46.55. The Good News? Nio has had a series of good news coming its way, with the latest being that construction of its second factory has begun, and the plant is expected to start manufacturing in the third quarter of 2022. The news was confirmed by CEO William Li at a recent event in China. (See Nio stock analy
Is Advanced Micro Devices, Inc. (NASDAQ:AMD) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise […]
Nvidia Corp may not be able to meet a March 2022 deadline for closing its $40 billion acquisition of British chip technology firm Arm Ltd due to European regulators' reluctance to consider the case until after the summer holidays, people familiar with the matter told Reuters. Nvidia announced the Arm deal last year, sparking an immediate backlash in the semiconductor industry, where Arm has long been a neutral player licensing key intellectual property to customers who are otherwise intense rivals, including Qualcomm Inc, Samsung Electronics Co Ltd and Apple Inc. The company needs regulatory approval from U.S., European and Chinese authorities, all of which are expected to scrutinize the transaction closely.
The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of Virgin Galactic Holdings (NYSE: SPCE) has jumped 300%, then fallen 75%, and more than doubled from recent lows. If Virgin Galactic succeeds, it could reshape the way we think about space.