Is Elevance Health, Inc. Ready to Rebound to its October 31, 2022 All- Time High?
Elevance Health, Inc., (ELV:NYSE), founded in 1944 is based in Indianapolis. It is a health benefits provider that supports health at each life stage, providing health plans and clinical, behavioral, pharmacy, and complex-care solutions that promote members' whole health. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Member [...]
Live Nation CEO Adds $1M of Stock to His Portfolio…Should You Follow Suit and Buy LYV?
Last Friday (March 31st), Live Nation (LYV) CEO Michael Rapino added another $1 million in company stock to his personal portfolio. Anytime an insider trade like this occurs, people assume it’s for one of two reasons: They know something we don’t and are seeking to capitalize on an upcoming announcement, deal, or another outcome. They are attempting to restore [...]
Alkaline Water Sees Roller Coaster Reaction to Reverse Stock Split: 3 Red Flags You Need to See
Yesterday morning, Alkaline Water (WTER) announced approval by the board of directors for a 15-for-1 reverse stock split. This is effective under Nevada law as of today (April 5). The implications of this move include a dramatic reduction of common stock shares on the market. Before the reverse stock split, 200,000,000 shares of common stock were in circulation. Today, [...]
Cardlytics Forecast Shoots Higher and Share Prices Follow Suit…Should You Buy This Rising Stock?
This morning, Cardlytics Inc (CDLX) issued a press release raising its forecast for the quarter dramatically. And as a result, share prices followed suit - climbing as high as 62%! Below, we’ll help you determine if this stock is worth adding to your portfolio or if you missed the window. The company, which specializes in digital advertising, issued a [...]
Insight Enterprises Hits 10-year High
Insight Enterprises, Inc. (NSIT:Nasdaq), headquartered in Chandler, AZ is a Fortune-ranked, #360, a company that is a solutions integrator with almost 13,500 employees worldwide engaged in 19 countries helping organizations (e.g., schools, enterprises, governments, and healthcare firms) accelerate their digital journey to modernize their business and maximize the value of technology. The company was founded in 1988 with a [...]
Is it Time to Cut Nikola Losses Ahead of Secondary Stock Offering? 3 Red Flags for Investors
Nikola (NKLA), the electric truck manufacturer that has lost 96% of the value it had at IPO, appears to be poised to fall even lower. The company issued a press release expressing interest in a secondary stock offering to raise another $100 million. It’s also likely that the company will offer a private sale of stock if it's unable [...]
