The Rivian (NASDAQ: RIVN) stock price has been in a strong bearish trend in the past few months. The shares crashed to a low of $16.50, which was the lowest level on record. It has plunged by more than 84% since going public in 2021. In this article, we will explain the short case for … Read more
The Rolls-Royce (LON: RR) share price has started 2023 with an aggressive bullish trend, surging by 15 percent in the first 16 days of the year. The bullish trend has also been a continuation of the past few months that included its value rising by 2 percent last month and 16 percent in November. However, … Read more
Last week, the Tesla stock (NASDAQ: TSLA) price went up by over 8 percent, reversing a bearish trend that had seen its value dropping to a two-year price low. However, despite last week’s price growth, concerns still remain about the prospects of Tesla’s recovery. What is Happening with Tesla Stock Price? Tesla, the electric vehicle … Read more
Silvergate (NYSE: SI) stock price has been in a freefall in 2023 as concerns about the company’s going concerns remained. The SI share price closed the week at $13.20, which was its lowest level since September 2020. It has plunged by more than 94% from the highest level since November 2021. The company has a … Read more
Netflix (NASDAQ: NFLX) stock price has been in a strong bullish trend in the past few months as the embattled company goes through a major turnaround. It rose to a high of $332 on Friday, which was the highest point since December 13. The NFLX stock price has more than doubled from its lowest level … Read more
The BT Share price is up by 15 percent in the first two weeks of the year and continues to show signs of continued growth in the next few trading sessions. The company has also offered a 6 percent dividend yield, which is higher than the FootSie average. However, despite these fortunes, investors still remain … Read more
Reliance Industries (NSE: RELIANCE) is poised to close today’s trading session with a price loss of 2 percent. The bearish trend will be an extension of the past two sessions which had resulted in a 3 percent drop in value. However, despite the drop, the current company’s fundamentals is looking likely to change the tide … Read more
Amazon is up by 13 percent in the first 12 days of 2023. The aggressive bullish trend follows a long-term bearish trend which saw the company drop by 50 percent in 2022. However, despite the strong start, Amazon continues to suffer in other sectors. According to the latest reports, Amazon’s efforts to prevent unionization at … Read more
The Virgin Galatic (NYSE: SPCE) stock price rose by 3 percent in yesterday’s trading session despite its sister company Virgin Orbit (NASDAQ: VORB) stock price plunging by 13 percent after its highly billed spaceport Cornwall launch failed to complete its first runway mission outside of the US. According to reports, the rocket suffered an anomaly … Read more
AMC (NYSE: AMC) stock price has plunged in the past few months as concerns about the company’s future continued. The shares plunged to a low of $3.82, which was the lowest point since March 2021. It has fallen by more than 91% from the highest point in June 2021. As a result, its total market … Read more
UK stocks have had a strong start of the year even as concerns of a recession remains. The FTSE 100 index has risen to the highest point in years, outperforming its key peers. Rolls-Royce (LON: RR.) share price has helped lead this rally as it jumped to the highest point since March 2022. It has … Read more
Cineworld (LON: CINE) share price is up by 4 percent in today’s trading session. However, despite the price surge, Cineworld’s main problem involves its bankruptcy filing, which is likely to define its performance in 2023. Cineworld Bankruptcy Cineworld, the second-largest movie theater operator in the world, is currently in the midst of a bankruptcy process … Read more