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It’s been a bumpy ride for investors in South Korean e-commerce giant Coupang (NYSE:CPNG) since the company’s initial public offering in March. CPNG stock, which was priced at $35 a share, shot up to a high of $69 on its first day of trading. Today, shares sit more than 20% below their IPO price. Source:…

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The food delivery industry has truly boomed since the start of the Covid-19 pandemic. As we approach 2022, cases and hospitalizations may be decreasing, but America’s reliance on the companies that kept them fed has not. This is clearly the case throughout international markets, as reflected by a recent acquisition on the part of an…

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The Covid-19 pandemic may be subsiding but some of the habits that spawned from it remain intact, one of which is the reliance of consumers on food delivery services. One company operating in this space was a favorite among investors in the early stages of the pandemic but has seen shares decline gradually over the…

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The market turmoil we’ve seen over the past couple of years has been incredible. Starting with a pandemic, investors got a front-row seat to watch just how impressively the economy can rebound with a little monetary and fiscal stimulus. Nonetheless, those who invested in top stocks with staying power to handle this volatility did much…

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Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. Earnings season remains relatively slow as we wait for a rush of third quarter results. For the upcoming week of Sept. 27, we’ll get earnings from a handful of notable companies that are involved in a cross-section of U.S. economic sectors —…

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It’s an exciting time on Wall Street. Broader market indices, including the S&P 500 and Nasdaq 100, are hovering near all-time highs. But while leading stocks continue to deliver lucrative returns, many businesses have gone through a volatile summer. Those companies with shaky fundamentals, such as special purpose acquisition companies (SPSCs) or unprofitable tech firms, have recently…

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It has been an interesting few weeks on Wall Street. And for DoorDash (NYSE:DASH), Avis Budget Group (NASDAQ:CAR) and Beyond Meat (NASDAQ:BYND) stock, things are getting even more interesting today. Source: Shutterstock Why? This trio of tickers just received a bit of news from some of the stock market’s top experts. And while not all…

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Although stock picking generates the most attention in this business, if you want a better chance of winning in the market, you should consider adding exchange-traded funds (ETFs) to your portfolio. Unlike betting on a single company to get the job done, ETFs represent a basket of investments, thereby giving you more chances to win.…

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Gig worker stocks are on the move Monday after a California judge weighed in on a lawsuit over the state’s Proposition 22 legislation. Source: Daniel Dror / Shutterstock.com Proposition 22 is legislation that was passed last year after being pushed by major gig worker companies. It created a third class outside of just independent contractors…

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Stock market gauges such as the S&P 500 index and Nasdaq 100 index continue to sit at or near all-time highs. While leading stocks continue to perform admirably, many companies have had a difficult summer. Small-cap firms, special purpose acquisition companies (SPACs), and unprofitable tech companies have seen their shares dive. If the corrections spread,…

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Despite the novel coronavirus pandemic, last year saw several highly anticipated initial public offerings, or IPOs. According to FactSet data, the volume of IPOs more than doubled from 2019, with 494 IPOs raising a combined $174 billion, setting new records on both counts. Last year saw the debut of Airbnb (NASDAQ:ABNB), Palantir (NYSE:PLTR), Snowflake (NYSE:SNOW),…

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Ridesharing giant Uber (NYSE:UBER) recently reported earnings and revenue beats in the second quarter. Unfortunately, UBER stock is down 15% year-to-date in 2021. Source: NYCStock / Shutterstock.com Uber investors are likely frustrated with how poorly the stock has performed. After all, people are finally starting to go out and do things again. Uber is far…

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Last year was an unprecedented one for special purpose acquisition companies (SPACs). Also known as blank-check companies, SPACs have no explicit business plan. Rather, they are to acquire or merge with an unspecified private company, typically within 24 months. If a deal doesn’t occur by the two-year mark, the investment vehicle must dissolve and return…

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Tech stocks have been volatile trades so far in 2021, and we’re liable to see more wild swings in the near future. As the global economy reopens, investors increasingly find themselves in an ambivalent position where they need to choose between cyclical “old economy” stocks and high-growth tech stocks. Many tech names have seen occasional…

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C3.ai (NYSE:AI) stock was welcomed into the public markets with open arms. However, that did not remain the case. Source: Shutterstock After a strong open, AI stock rallied more than 80% from its opening day print and topped out near $90 in December.  Its debut came around the same time as DoorDash (NYSE:DASH) and Airbnb…

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On Dec. 9, 2020, DoorDash (NYSE:DASH) stock started trading on the New York Stock Exchange and closed up more than 85% in its debut, giving the company a market valuation of approximately $60.2 billion. Source: Sundry Photography / Shutterstock.com Year-to-date, DASH stock is up 13.1%, trading at more reasonable price multiples than February highs. However,…

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Due to Covid-19, it’s fair to say that 2020 was an eventful year for retailer Bed Bath & Beyond (NASDAQ:BBBY). And thanks to the ongoing meme stock mania, 2021 is likewise shaping up to be quite interesting for BBBY stock traders. Source: Shutterstock In the wake of the pandemic, Bed Bath & Beyond has transitioned to…