Stock Market

Canadian marijuana producer and processor Tilray (NASDAQ:TLRY) made history in July 2018 when it became the first pure-play cannabis company to trade publicly on a major U.S. exchange. Just three months later, the Canadian government legalized marijuana for recreational purposes, in addition to the already legalized medical use. TLRY stock, which went public at $17
0 Comments
If special purpose acquisition companies have jumped the shark, they may have done so with Digital World Acquisition (NASDAQ:DWAC). The so-called Trump special purpose acquisition company (SPAC), Digital World is the blank-check firm that will take the former president’s media firm Trump Media & Technology Group (TMTG) public. Undergirding DWAC stock is the much-eyeballed social
0 Comments
It would be fresh in investors memory that Lucid (NASDAQ:LCID) stock surged from below $10 to highs of $64.86. This happened even before the special purpose acquisition company (SPACs) became announced publicly. After the announcement, LCID stock slumped to lows of $20. It’s a perfect example of investors selling on news and I believe that Ocugen
0 Comments
In the world of cryptocurrencies, any rally in Bitcoin (CCC:BTC-USD) is followed by upside in altcoins. Things seem similar for electric vehicle stocks where Tesla (NASDAQ:TSLA) is comparable to Bitcoin. With TSLA stock surging to all-time highs, it’s not long before other electric vehicle stocks follow. Nio (NYSE:NIO) is often referred to as the Tesla
0 Comments
It is pretty opportunistic writing about GameStop (NYSE:GME) stock when another pulled a super spike yesterday. Avis Budget (NASDAQ:CAR) stock spiked 200% on earnings headlines among other things. Source: rblfmr / Shutterstock.com GameStop stock followed through with a 3% rally, which is now approaching heavy resistance levels from September. This usually would not make this
0 Comments
AMC Entertainment (NYSE:AMC) is making news again. For most of 2021, that has been a signal to the loyal AMC shareholders to send the stock to the moon. However, so far it looks like AMC stock is remaining relatively tame. That seems reasonable to me, but I’ll let you decide.   Source: Helen89 / Shutterstock.com On Nov. 1,
0 Comments
Late last year, a new and exciting special purpose acquisition company (SPAC) launched AST SpaceMobile (NASDAQ:ASTS) onto the Nasdaq Exchange. After a highly touted business combination with New Providence Acquisition Corp., ASTS stock was now available for the public to buy and sell. Source: Dmitry Demidovich/ShutterStock.com With that, people could invest in the “first and only space-based
0 Comments