2021 saw the emergence of meme stocks as Reddit users orchestrated a short squeeze that skyrocketed the price of GameStop Corp (GME) stock. Now, the OG meme stock is back in action. The price of GameStop stock rose dramatically (74.4%) on Monday, May 13, coinciding with Keith Gill’s (also known […]
Stocks
The Walt Disney Company (DIS) shares fell almost 10% on May 7 after the company reported second-quarter earnings for Fiscal 2024. The company topped Wall Street projections for earnings per share and also guided for 25% growth in EPS for the current fiscal year, compared to previous expectations for 20% […]
Founded in 1964 and headquartered in Miramar, Florida, Spirit Airlines Incorporated (SAVE) is a famous low-cost carrier. The company flies to 85 destinations in 16 countries including the United States, Latin America, and the Caribbean. The company owns a fleet of 173 Airbus single-aisle aircraft, making Spirit’s fleet one of […]
McDonald Corporation’s (MCD) third-quarter earnings were driven by strong sales growth through menu innovation amidst the increase of COVID-19 cases, and the company smashed analyst expectations for both revenue and earnings. McDonald’s Corporation is the restaurant operator with the largest footprint in the world with $93 billion systemwide sales across […]
Sportradar Group AG (SRAD) is a Swiss-based multinational company that provides live sports and betting data, odds solutions, and fraud detection services. Sportradar’s services are used by bookmakers, national and international sports federations, and media companies. The company, which was founded in 2001, has over 1,600 customers in more than […]
Transocean Ltd. (RIG) is a Switzerland-based offshore drilling contractor. The company is the largest offshore contract drilling services provider in the world, with operations in oil and gas exploration and development areas. Transocean also has an offshore drilling fleet that includes ultra-deepwater, harsh environment, deepwater, and midwater rigs that it […]
Lordstown Motors Corporation (RIDE) is an American electric vehicle manufacturer. On October 23, 2020, Lordstown reverse merged with DiamondPeak Holdings, a special-purpose acquisition company (SPAC), and was listed on the NASDAQ. The company said in a quarterly filing with the United States Securities and Exchange Commission on June 8, 2021, […]
ContextLogic Inc., (WISH) is an American e-commerce platform that helps merchants reach customers and allows users to customize shopping and find products. It was founded in 2010 as an app that allowed customers to make wish lists of their favorite items before pairing them with merchants. It enables sellers to […]
AMC Entertainment Holdings, Inc. (AMC) is an American movie theatre chain, and it is the largest movie exhibition company in the world with about 950 theatres and 10,500 screens. Wanda Group purchased 5,048 AMC theatre screens in the United States and Canada for $2.6 billion in 2012 and owned a […]
Snowflake Inc. (SNOW) is a data warehousing company that uses cloud computing allowing secure sharing and consumption of shared data. It provides a cloud-based data storage and analytics service enabling corporate users to store and analyze data. On the other hand, the Snowflake architecture with its ability to separate computer […]