CSSE stock tanked 10.4% in Friday’s premarket. Chicken Soup for the Soul reported a wide GAAP loss of $-1.39 in Q2. CSSE just concluded its acquisition of Redbox on Thursday. Chicken Soup for the Soul (CSSE) stock is down 10.4% in Friday’s premarket a day after it reported second quarter earnings that wildly missed forecasts.… Read More »
NYSE:GME fell by 2.66% during Thursday’s trading session. GameStop’s NFT Marketplace is getting some high-end collections added. Coinbase stock drops as it is once again under investigation by the SEC. NYSE:GME continued to dip lower and underperform its meme stock rivals on Thursday. Shares of GME fell by 2.66% and closed the trading session at… Read More »
NYSE:HKD fell by 1.65% during Thursday’s trading session. TOP Financial Group rises 52% while MEGL stock slumps lower. Treasure Global stock IPOs on the NASDAQ and gains 345%. NYSE:HKD has now gone two straight days without any major swings as the Hong Kong-based fintech stock remains heavily inflated. On Thursday, shares of HKD dipped by… Read More »
NYSE: AMC gained 7.56% during Thursday’s trading session. AMC is using the APE preferred shares to disguise another capital raise. The SEC is looking into Melvin Capital for allegations of misleading investors. NYSE: AMC rose higher for the second straight day as the movie theater chain continues to add to the recent rally that has… Read More »
Disney Parks division leading from the front. ESPN+ subscribers rose 53% from a year ago. The company added 14.4 million Disney+ subscribers. An 8% gap up to start Thursday’s session should tell you everything you need to know about how investors are feeling about Disney (NYSE:DIS) right now. The home of Mickey Mouse released its… Read More »
Asian equities remained pressured while tracking Wall Street’s pattern. Fed policymakers’ resistance in welcoming easy inflation weigh on sentiment. Sino-American tussles, light calendar also act as extra trading filters. Japan’s Nikkei 225 appears the outlier while refreshing seven-month high. Asia-Pacific shares remain mostly inactive, trending lower, outside Japan as traders seek fresh clues while tracking… Read More »
The softer-than-expected US CPI print for July has kickstarted the stalled rally on Wall Street, intensifying the bullish bets that the six-month downtrend is over. The S&P 500 has been plotting an upward course over the past seven weeks, but the rebound hit a wall at its 100-period moving average (both in the daily and… Read More »
NVTA surged 277% on Wednesday in a short squeeze. Invitae stock lost more than 40% of its value on Thursday. NVTA beat on top and bottom lines for Q2 UPDATE: Invitae stock is down more than 42% at $5.00 after Thursday’s open. It appears the nearly 300% run-up on Wednesday was not about earnings but… Read More »
Here is what you need to know on Thursday, August 11: Equities Looks like the rally may be finally running out of steam as gains are harder to come by this morning. No surprise as the Nasdaq is up over 20% from its low. People are streaming but not dating if the latest results from… Read More »
Bed Bath & Beyond stock has seen gains of 48% this past week. BBBY is a noted short squeeze candidate. BBBY’s recent earnings were not encouraging. Bed Bath & Beyond (BBBY) continues to take investors on a wild ride as the short squeeze meme names returned this week. BBBY stock is up nearly 50% in the last five sessions, and a… Read More »
