Ever since Jeff Bezos started Amazon (NASDAQ:AMZN) as an online book retailer in 1994, people have doubted the company’s long-term success. Today, Amazon owns the fifth highest market cap in the world, but few would argue that it is the most valuable brand and nobody would bat an eye if it overtook Apple (NASDAQ:AAPL) at …
Amazon Stock Forecast: What the 20:1 AMZN Stock Split Means Read More »
EVgo (NASDAQ: EVGO) is a leading provider of electric vehicle charging stations with over 800 across the United States that produce 100% renewable electricity. Because of EVgo’s mission to provide electric charging stations, they are positioned to take advantage of the explosive growth in the electric vehicle industry as many individuals look at purchasing an …
EVGO Stock Forecast: The Emerging Company Charging The United States Read More »
Last year, Volta Industries Inc. announced its intentions to go public via a merger with SPAC company Tortoise Acquisition Corp. II (NYSE:SNPR). The proposed merger was approved by shareholders and the combined company has now been trading publicly for 7 months. The completed merger was valued at $1.4 Billion and Volta raised roughly $600 Million …
In 2021, Lithium battery manufacturer Microvast (NASDAQ:MVST) completed their highly anticipated merger with SPAC company Tuscan Holdings (NASDAQ:THCB). Microvast Stock has struggled since its debut on Wallstreet, currently trading below its PIPE offering price of $10. MVST is not alone, a strong majority of post SPAC stocks have struggled to maintain the momentum we saw …
ChargePoint Holdings (NYSE: CHPT) first caught the attention of investors after the completion of its SPAC merger with Switchback Energy Acquisition Corporation in March last year. Changes in the economic and political environment over the past few years have created a growing market for companies like ChargePoint. This includes Joe Biden’s $5 Billion investment to …
CHPT Stock Price Forecast: ChargePoint Jumps on Strong Revenue Outlook Read More »
Early last year, SPAC Reinvent Technology (NYSE: RTP) announced a merger with Air Taxi Company, Joby Aviation, which would see the combined company list on the New York Stock Exchange. Fast forward to today, Joby Aviation Stock has struggled to maintain the same investor hype we saw in 2021. Nevertheless, the company is making ground on …
JOBY Stock Forecast: ANA partnership to bring Air Taxi to Japan Read More »
With a shaky start to 2022, the majority of the US market has seen a downtrend as valuation concerns plague investor confidence. In particular, the Tech market has been hit particularly hard as investors struggle to pair current valuations and 2022 forecasts in the same ballpark. The downtrend illustrates this risks associated with the stock …
Bakkt Holdings Inc (NYSE:BKKT) is a cryptocurrency platform that allows consumers and institutions to buy, sell, store and spend digital assets. However, the company wants to change the cryptocurrency game by allowing traditional investors and institutions to get involved in Bitcoin that has US federal regulatory oversight. At current, the cryptocurrency market is highly decentralised and …
Sundial Growers Inc (NASDAQ: SNDL) has struggled to maintain any momentum over the past 6 months, trading 39% lower. Other industry competitors Tilray (NASDAQ: TLRY) and Aurora Cannabis (TSE: ACB) have also seen steep downtrends as legal reform has stalled in the United States. However, this has not been Sundial Grower’s biggest worry. The company …
SNDL Stock Forecast: Will Sundial Growers face delisting? Read More »
PayPal (NASDAQ: PYPL) stock has been hammered this earnings season, now trading 34% lower this month. The companies Q4 results reported slowing revenues and a bleaker than expected outlook for 2022, sending the stock into free fall. In similar fashion, Meta Platforms and Netflix also dropped roughly 25% on the day of reporting, illustrating the …
PayPal Stock Forecast: Is PYPL stock oversold in 2022? Read More »