On April 8, the world’s most famous denim jeans designer posted fiscal first-quarter results, showing revenues that beat Wall Street estimates amid continuing store closures due to the pandemic. Following the quarterly results, the company’s stock gained 5%, recording an all times high of $25.71, which was soon bettered in […]
Stocks
Sundial Growers (SNDL) stock soared 11% on Monday as a major shift in marijuana laws moved a step closer to passage. This will allow banks to legally do business with marijuana companies without fear of regulatory repercussions from the government. As the Canadian company has been looking for potential investment […]
Plug Power Inc. (PLUG) is an energy stock that became very popular among investors in 2020. President Biden’s appointment to the Oval Office led to a sharp improvement in investor sentiment toward Plug Power because of its roots in the clean energy industry, and the stock has appreciated a staggering […]
Castor Maritime Inc. (CTRM) is a small company that indulges in global shipping transportation services via its own vessels. It was founded in 2016 and the business is specialized in shipping dry bulk goods. The company announced its fourth-quarter 2020 results on March 30 reporting a net loss of $0.8 […]
Upstart Holdings (UPST) was incorporated in 2012 by former Google executive David Girouard. The company became a publicly-traded company in December 2020 with a market cap of around $2 billion. Shares of Upstart soared last week after the company released its Q4 2020 earnings report, which exceeded the expectations of […]
Movie theatres have been ravaged because of the pandemic. AMC Entertainment (AMC), the leading theatre chain in the country, became a penny stock last year because of the uncertainties that encompassed AMC’s financial ability to keep its business from sinking. However, AMC’s plan to sell its stock to raise some […]
Gevo Inc.’s (GEVO) stock skyrocketed over the past four months primarily because of Biden’s Green Energy plan, which stimulated its growth. Gevo also announced a series of plans it is going to be undertaking to make the company attractive in the headlines. The most common concern investors have is whether […]
FuelCell Energy Inc. (FCEL) is a global leader in designing, manufacturing, and operating direct fuel cell power plants that run on natural gas and biogas. The company has over 50 plants all over the world. FuelCell Energy Inc. is a company with a long history of been publicly traded and […]
Not very long ago, Ocugen Inc. (OCGN) stock (previously known as HSGX) was an unpopular biotech stock trading on the NASDAQ that not many investors were aware of. After the merger with Histogenics in 2019, the company made a reverse stock split at the ratio of 1:60. Since then, the […]
According to Data Bridge Market Research, the global medical cannabis market is projected to grow more than 20% annually through 2027. With the change in the new U.S administration, the hope of cannabis legalization in certain states has driven stock prices to record highs. As more states in the U.S […]