Digital World Acquisition was a nine-bagger last week. Selling into the hype on SPAC deals is usually the right call. Pinterest reports financial results this week, and a bad report may make it less attractive a buyout candidate. PetMed Express hasn't posted double-digit growth in 12 years. It's still going...
Retail traders are putting aside politics for profits when it comes to former U.S. President Donald Trump. Popular haunts of individual investors such as Reddit and StockTwits lit up this week with news that blank-check company Digital World Acquisition Corp. will merge with Trump Media & Technology Group. The SPAC, which trades under the ticker DWAC, had rocketed up more than 1,200% since Wednesday, with outsize volatility triggering at least 12 trading halts on Friday.
Remark Holdings (NASDAQ:MARK) stock is rocketing higher on Monday as investors connect the company to former President Donald Trump. Let’s jump into today’s news below to see what has investors excited about MARK stock. First off, it’s worth pointing out Digital World Acquisition (NASDAQ:DWAC) It’s a special purpose acquisition company...
3 Penny Stocks That Investors Are Watching With DWAC Stock Pushing Up. With October finishing strong for penny stocks, there is a lot of bullish sentiment in the market right now. Most of the movement in the past week has been with two ‘meme stocks’ or stocks that have received a lot of attention online.
Why These 3 Penny Stocks Exploded During Today’s Trading Session. Penny stocks are known for their volatility. But with that can come big moves in the market. Whether it’s because of an industry update or a company acting as the bellwether for a broader sector move, the potential for large gains is apparent. Right now, we’re seeing plenty of sympathy sentiment drive gains for plenty of cheap stocks in the market today. What’s more, with Bitcoin hitting over $66,000 (all-time high) only a day earlier and the S&P 500 reaching its sixth consecutive day of gains, investors are back in the risk-on trade. These aren’t the only trends helping drive bullishness in stocks.
Aurinia Pharmaceuticals is likely to be bought out soon. Ocugen's stock may catch fire on a key regulatory update. Stocks rarely go straight up. When they do, the uncommon occurrence is called a "parabolic move." In stock terminology, such as move is defined by a sudden and dramatic increase in buying volume, thereby causing the company's share price to rapidly rise in a manner that resembles a parabola.
Stocks making the biggest moves midday: Snap, Intel, Moderna, Digital World Acquisition Corp and more
Check out the companies making headlines in midday trading. Snap – Snap shares plummeted by more than 24% after it reported its quarterly results, which included a revenue miss as well as an earnings beat. The social media company said its advertising business declined due to Apple's privacy changes. Facebook,...