Traders and speculators often short a stock by borrowing a certain number of shares from a financial institution and selling it on the market with the goal to buy it back cheaper and profit from the difference. When the stock price starts rising, short sellers may be forced to buy the shares back, thus increasing…
Tesla (NASDAQ: TSLA) stock first went public in June 2010 at $17 per share. The stock price reached its peak 12 years later in October when it hit $414. Of course, this doesn’t count for the stock splits on August 31, 2020, and August 25, 2022, which would make the top price way higher. The…
Dividend stocks are typically added to a portfolio during recessions because even if the stock price drops, you could offset the losses by getting paid each quarter. Depending on the yield, you could even offset the yearly inflation with some stocks. Given ongoing economic uncertainty and stock market volatility, Finbold analyzed on September 8 the…
Nvidia Corp’s (NASDAQ: NVDA) CEO, Jensen Huang, sold over $42 million worth of shares from September 1 to September 6 as the stock failed to push through the $500 level. Huang exercised his stock options with a price of $4 during the same period and sold them within the range of $466.13 to $497.17 shortly…
Warren Buffett is one of the world’s most successful stock investors with a net worth of $118 billion. His success is mostly attributed to finding great companies at a discount. Buffett’s holding company Berkshire Hathaway (NYSE: BRK.A, BRK.B.) holds positions in multiple US and foreign companies. His five holdings are among the most popular companies…
A short squeeze happens when traders who short a stock start buying it back. This increases demand for the stock and increases its price, which forces other short sellers to buy back the stock and close their position. This can be a profitable trading strategy, which is why Finbold analyzed the most shorted stocks this…
Uber Technologies (NYSE: UBER) is trading close to its highest point this year but it’s still far from the 2021 peak. Can it get there in the next 12 months? Wall Street analysts believe so. Analyst target price sees a 27% gain Uber has a ‘Strong Buy’ rating from 31 analysts in the past three…
With all the recent controversies surrounding companies like Disney, Target and Bud Light, one financial firm decided to take the matter into its own hands — and file for an ETF. Tuttle Capital Management filed with the Securities and Exchange Commission (SEC) on September 5 for an ETF called Tuttle Capital Inverse Socially Conscious ETF…
GameStop (NYSE: GME) is trading at post-meme stock levels. Can it hold the line and mount another offense or is it doomed to fall? One Wall Street analyst believes that GameStop stock is likely to suffer more losses within the next 12 months. One analyst’s target price sees a 66% loss GameStop has a ‘moderate…
Apple (NASDAQ: AAPL) stock gained 5% last week after an impressive performance of 51% returned to investors year-to-date. Can the stock move higher and finally break above the $200 mark this year? New iPhone is about to launch Apple holds over 57% of the US smartphone market share, meaning every second American has an iPhone….