Stock Market Stallions
Tesla stock (NASDAQ: TSLA) has continued its stellar run this year as the tech innovator continues to dominate the growing EV industry. Tesla’s stock price has risen 344% in the past year, its best performing trading period since its initial listing on Wallstreet. With such positive stock growth over the past year, investors are now questioning what to expect for 2021/22.… Read more
Fisker (NYSE:FSR) has seen a positive month of trading, gaining over 20%. Fisker initially peaked investor interests early last year, after the company announced its intentions to merge with Spartan Energy Acquisition (SPAQ). In addition, the merger was one of the most talked about SPAC propositions in 2020.… Read more
HighCape Capital Acquisition Corp (NASDAQ: CAPA) announced yesterday their intentions to merge with Quantum-Si, a leader in Semiconductor Chip-Based Proteomics. Simply put, Quantum-Si have developed a semiconductor chip that potentially has the power to decode the molecules of life. Furthermore, this holds the “potential to advance drug discovery and ultimately diagnostics beyond what has been possible with DNA sequencing.”… Read more
Atlas Crest Investment Corp (NYSE: ACIC) announced its intention to merge with Urban Air Mobility company Archer. The news of the merger sent ACIC stock surging over 20% to a 52 week high of $15.75. The SPAC merger is expected to provide the merged company $1.1 billion of gross proceeds to fund future growth.… Read more
Sundial Growers Inc (NASDAQ: SNDL) has surged 439% over the past month of trading. Other industry competitors Tilray (NASDAQ: TLRY) and Aurora Cannabis (TSE: ACB) have also seen impressive gains after a shift in sentiment on Wallstreet. SNDL’s strong stock performance is attributed to optimism surrounding possible changes in legalisation of cannabis in the United States.… Read more
General Motors Company (NYSE: GM) has had an impeccable year of trading. Long term shareholders have been rewarded as the company has gained serious ground on Wallstreet. General Motors stock has gained 58% YTD, marking one of its best performing years since IPO. In addition, the analysts on Wallstreet are rallying behind the vehicle manufactuer.… Read more
BioNano Genomics Inc (NASDAQ: BNGO) has had a remarkable year of trading, gaining over 979% over the past two months. The company operates in the analytical instruments field, in particular cytogenomics. Simply put, this is the detection of genetic disorders by analyzing the variances in chromosomes.… Read more
XL Fleet Corp (NYSE: XL) has closed out its first official month trading on Wallstreet, after completion of the SPAC merger with PIC. The stock is down 6% in the past 30 days, with XL Fleet investors experiencing a rollercoaster of volatility. The stock peaked at $35 a share in late December however analysts are confident the stock will see the $30 margin again in 2021.… Read more
Vaxart Inc (NASDAQ: VXRT) has seen a remarkable year on Wallstreet after investors rallied behind its experimental COVID-19 vaccine. VXRT stock has gained some serious ground over the past year, surging over 1,559% YTD. Unlike other COVID-19 vaccine candidates, the vaccine is administered orally and can be stored at room temperature.… Read more
Workhorse Group Inc (NASDAQ: WKHS) posted an impressive week of trading, gaining over 45%. The company designs and builds performance battery-electric vehicles and aircraft, along with cloud based, real-time telematics performance monitoring systems. Investors have rallied around the Ohio EV manufacturer, with a game changing $8.1 Billion contract from USPS on the horizon.… Read more
Sorrento Therapeutics Inc (NASDAQ: SRNE) has recaptured the attention of investors as analysts remain confident in the companies 12 month outlook. The stock has performed well as of late, posting a 29% gain over the past month of trading. Furthermore, the average 12 month price target amongst Wallstreet analysts is $29.67 a share.… Read more
GameStop Corp. (NYSE: GME) has baffled investors on Wallstreet after it surged well over 93% in the last week of trading. GME remains extremely volatile, reaching a 52 week high of $159.18 before plummeting back down to $70 a share. Investors have crunched GME’s daily volume, with 197.2 million shares exchanged compared to the daily average 9 million.… Read more
Gores Holdings IV Inc (NASDAQ: GHIV) is set to close in on its merger with United Wholesale Mortgage. The merger marks an exciting new chapter for the mortgage lender, as it will list on the NASDAQ under the ticker UWMC. Shareholders of Gores Holding stock voted yesterday to seal the merger, which is the final obstacle until finalisation.… Read more
FuboTv Inc (NYSE: FUBO) created ripples on Wallstreet last week after the company announced its plan to acquire sports betting and interactive gaming company Vigtory. The news sent the stock surging 20% higher with hopes the company will launch its sport book by the end of the fiscal year.… Read more
Quantumscape Corp (NYSE: QS) has entered headlines on Wallstreet over the past three weeks after the stock tumbled 57%. The stock went into free fall over the New Year period before finding a new equilibrium at $56.79 a share. Following the sharp decline, CEO Jagdeep Singh affirmed his confidence that the volatility was related solely on supply and demand factors and not a concern for the business.… Read more
Social Capital Hedosophia (NYSE: IPOC) are set to close in on their merger with Clover Health in early 2021. Evidently, this has caused a strong upswing in investor momentum in IPOC’s trading price. IPOC has gained 33% over the past week of trading and 66% for the month of December.… Read more
Roku Inc (NASDAQ: ROKU) has seen a remarkable gain in investor confidence in 2020. Evidently, the Roku stock price has surged over 162% in the past six months of trading. The companies stock hit all time highs late last week after they announced their deal with AT&T’s HBO Max.… Read more
AT&T Inc. (NYSE: T) has gripped investor interest on Wallstreet as the company took a heavy hit due to COVID earlier this year. Founded in 1983, AT&T is a US-based telecoms company. AT&T is the second largest provider of mobile services and the largest provider of fixed telephone services in the US.… Read more
NVIDIA Corporation (NASDAQ: NVDA) has provided investors a golden opportunity in 2020 for steady growth. The companies share price has gained 132% in value in 2020 alone. The tech giant manufactures Graphic Processing Units (GPU) for Gaming and specialised markets. With such positive growth, analysts have weighed in and the 12 month outlook may surprise you.… Read more
Pivotal Investment Corporation II (NYSE: PIC) announced on Tuesday they will be holding an annual meeting on December 21 for shareholders to vote on the proposed merger with XL Fleet. The shareholder vote is one of the last steps in the lengthy merger process. In addition, both companies will merge under the one ticker, NYSE:XL.… Read more