Stock Market

After months of consolidation, Bionano Genomics (NASDAQ:BNGO) is breaking down. BNGO stock has plummeted 30% since announcing earnings in early November. While the earnings report was decent, some legitimate concerns and a lack of news continue to weigh on shares. Source: Shutterstock / PopTika I’ll admit the genome analysis company is compelling, but investors should wait
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Some folks would say that social media has made people impersonal, or even anti-social. One business that’s seeking to remedy that situation is California-based Nextdoor (NYSE:KIND). If you like the company’s vision and prospects, then you might consider a position in KIND stock. Source: Tada Images / Shutterstock.com What’s interesting about Nextdoor is its truly
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Data center real estate investment trusts (REITs) like Equinix (NASDAQ:EQIX) stock are a hot ticket right now. CyrusOne (NASDAQ:CONE) was bought out by private equity, led by KKR (NYSE:KKR), or Coresite Realty (NYSE:COR) which is being bought by American Tower (NYSE:AMT). Source: Ken Wolter / Shutterstock.com Earlier this year, QTS Realty Trust was taken out
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An opportunity may be coming to buy Costco Wholesale (NASDAQ:COST) stock. Investors are selling stocks in the biggest retailers, even as they report blowout earnings. If the pattern holds after Costco reports Dec. 9 earnings, you may be able to get some for Christmas. Source: ilzesgimene / Shutterstock.com As trading opened Nov. 19, Costco was
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What’s the first thing that comes to mind when you hear the word “metaverse”? If it’s an immersive virtual reality world that looks like something out of the science fiction movie Ready Player One, then you’re not alone. That’s pretty much what everyone thinks of when they think of the metaverse. Source: Kathy Hutchins /
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Forever starts now: that’s the credo of Rivian Automotive (NASDAQ:RIVN). Now that the company has completed its initial public offering (IPO), RIVN stock is available for public trading and you can try out the shares of this ambitious electric vehicle (EV) start-up. Source: James Yarbrough / Shutterstock.com Rivian specializes in big vehicles, especially trucks and SUVs.
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In a record blitz of initial public offerings (IPO) like Progenity (NASDAQ:PROG), you’re going to encounter two incontrovertible facts. First, retail investors will have increased opportunities to put their money to work (or at risk). Second, not every one of these recent IPOs will enjoy outsized success. From the looks of it, PROG stock is heading
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Before I begin today’s Market360, I’d like to sincerely thank the thousands of investors who took the time to attend my Breakthrough Stocks event yesterday afternoon. I hope those of you who took part are already putting my Breakthrough Stocks system to good use in targeting the best buys of 2021. If you weren’t able
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Shares of all-electric pickup truck maker Rivian Automotive (NASDAQ:RIVN) continue to soar on the heels of a spectacular first week. After pricing at $78, RIVN stock now trades at $172 per share — a spectacular 120% gain. Sporting a $152 billion market capitalization, Rivian is the biggest initial public offering (IPO) of the year. It’s also
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