The stock market stallions
Vertex Energy Inc (NASDAQ:VTNR) has continued its stellar run this week now up 331% for the week. The company announced last week that they are planning to acquire the Mobile refinery located in Mobile, Alabama from Equilon Enterprises for $75 Million.…
Lion Electric Co (NYSE:LEV) had its Wallstreet debut on May 7, following the completion of the proposed SPAC merger with Northern Genesis Acquisition Corp. Lion Electric design and manufacture zero emission, all electric Class 5-8 trucks and buses. The merger transaction has raised $490 Million in funding for LEV to carry out their expansion strategy in 2021.…
The Beachbody Company announced in early February its intentions to merge with both Forest Road Acquisition Corp. (NYSE: FRX) and Myx Fitness in a three way merger. The merger will result in the combined company trading on the NYSE under the ticker “BODY”.…
ChargePoint Holdings Inc (NYSE: CHPT) has seen a surge in investor confidence over the past week with the stock gaining 38.77%. The gain came after President Biden announced the Governments infrastructure plan which will see roughly $175 Billion pumped into the EV sector.…
The US stock market is host to the best performing market indices across the globe. The US market is made up of two large exchanges, of which buyers and sellers can trade shares in US listed companies. The NASDAQ and NYSE are host to some of the largest corporations in the world, of which own 40% of market capitalisation across the world.…
Tortoise Acquisition Group (NYSE: SHLL) has made a name for itself on Wallstreet this year as they plan to merge with EV truck innovator Hyliion. SHLL has surged 343% over the past quarter, as the merger date moves closer to finalisation.…
Cassava Sciences (NASDAQ:SAVA) held a conference this morning announcing promising Phase 2b trial results in treating patients with mild-moderate Alzheimer’s Disease. The company uses the drug Sumifilam to treat AD by reducing neurodegeneration and neuroinflammation. The results announced via conference call concluded that the data shows a promising increase in cognitive bio-markers within AD patients – an impressive feat for the AD treatment pioneer.…
Spartan Energy Acquisition Corp (NYSE: SPAQ) is rallying up the bulls as we inch closer to the SPAQ Fisker merger. Investors are expecting to ride the bullish undertone in the lead up to the merger. However, below the surface, a SPAQ Fisker investment is exhibiting risks that investors must know.…
Nikola Motors’ (NASDAQ: NKLA) meteoric rise sucked in an enormous amount of Robinhood investors, professional investors, and criticism. Many investors are in no man’s land as the future direction of Nikola remains uncertain. Some investors are championing the shorting route, while others believe in that Nikola Motors is just suffering a setback.…
Mortgages are more than just a loan from a bank, they represent people’s hopes and dreams. Customers reward the businesses who satisfy the needs of mortgagors the best with truckloads of cash, which brings us to this week’s stock Rocket Companies (NYSE: RKT).…
Despite Google’s (NASDAQ: ALPHABET) monstrous size, they are always looking for new markets to tap into and dominate. Yesterday the tech giant grew its market foothold in the home security space after investing $450 million into ADT. ADT supplies secuity for residential and small businesses throughout America.…
Varian Medical Systems (NYSE: VAR) grabbed the stock market microphone to announce that it will be bought out by the German technology behemoth Siemens Healthineers. Some investors might view the transaction as one company swallowing another. However, the acquisition marks a quantum leap in the cancer fight.…
Tonix Pharmaceuticals (NASDAQ: TNXP) is gaining significant investor backing after releasing a COVID-19 announcement. TNXP stock price instantly surged. It’s no secret, COVID-19 press releases are the wallet magnets of the stock market. However, the share price movement of Tonix is unique.…
Tortoise Acquisition Corp (NYSE: SHLL) is acting like a magnet to robinhood investors as the stock surged 60% in a few days. The imminent merger between Hyliion incorporated and SHLL caused the volcanic eruption on wall street. While the merger sounds promising, some investors question the validity of the bullish move.…
Split it payments (ASX: SPT) soared 125% today. That is right over 100% in a single day, which is remarkable. Especially as rising coronavirus cases, recession alarms, and US protests continue to infect the markets with fear. It only feels like yesterday that Zip CO (ASX:Z1P) skyrocketed.…
Hello everyone, I am a day trader, equity investor and the proud founder of @thefinanciallysavvy, an Instagram page dedicated to enriching lives worldwide by spreading and reinforcing financial education. Here’s the short story of how I turned my hobby into my passion.…
As we enter the 1styear of the 2020 decade, the YIG team thought it would be interesting to discuss about the future likely trend of the financial market. The team have figured ESG investing, specifically regards to climate change, will have a significant impact on the market.…
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area.
The two biggest questions I get asked in relation to investing by young people are- where would I invest?…
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area.
In recent times, investing has been made more accessible to society as companies such as RAIZ and Spaceship Voyager have made investing platforms that are very accessible and transparent.…
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area.
What is a Derivative Security?
A Derivative Security is a financial instrument whose value depends on the underlying asset.…