NRBO Reverse Stock Split News Causes 130%+ Price Boom…But is it a Buy?
Anytime a company releases news about a stock split it creates waves throughout the investment community. And Tuesday, NeuroBo Pharmaceuticals Inc. (NRBO) announced that a reverse stock split is coming. While this was done more so to comply with Nasdaq’s listing requirements, the move contributed to a massive spike in the stock’s price. Just this morning shares are up [...]
What Does General Electric’s (GE) New HealthCare Spinoff Mean for Investors?
It’s been a rough year for General Electric, as the company is down over 25% in the past year. The high-tech industrial firm operates in a wide array of sectors and is well diversified - and yet, they’ve struggled even in the bigger picture. In the past 5 years, GE is down a whopping 60%. Much of this has been [...]
Should You Buy Globalstar Stock Amidst Apple Deal Rumors?
If you’re a tech junkie, one of your favorite days of the year is the Apple keynote conference. And for good reason - there’s always something innovative and jaw-dropping released in the September event. And if you’re invested in Globalstar, this year’s conference was particularly interesting. This year, the tech giant released the new iPhone 14’s ability to connect to [...]
3 Key Insights Investors Need Ahead of DocuSign Earnings Report
Over the past 2 years, we’ve seen a multitude of pandemic success stories. Zoom, for example, flourished during lockdown but has since begun a freefall towards the bottom. And, the same is true for DocuSign - a company that soared as COVID-19 restrictions prevented businesses from interacting face-to-face. The digital signature company saw its stock reach a high of [...]
Nio Stock Suffers After 2nd Quarter Earnings: 3 Things Investors Should Be Aware Of
It’s been an interesting few years for automakers - as supply and demand in this industry continue to twist and turn, keeping investors guessing along the way. However, things appear to be leveling off on the demand side - and the supply side is finally starting to catch up. As such, we’re seeing the auto market cool off a bit. [...]
Does News of Annaly Capital Joining the S&P 400 Earn it a Buy Rating?
Any time Standard & Poor decides to bring new stocks into its ecosystem, you can bet the news will make waves in the stock market. And as of September 19, 2022, Annaly Mortgage Management (NLY) will be joining the S&P MidCap 400. Alongside the REIT mortgage company are a few other stocks - Penn Entertainment, PVH, and Dynatrace. However, today, [...]
