To begin, cannabis stocks refer to companies that are involved in the cultivation, production, and distribution of cannabis and its derivatives. As cannabis has become increasingly legalized for both medicinal and recreational use in several countries, the industry has experienced rapid growth and garnered significant investor interest. However, the cannabis industry is still heavily regulated...
I typically don’t pay too much attention to investing theses based on personal experience, even my own, because, as I have said many times, the plural of anecdote is not data. That said, sometimes a company’s story can be illustrated by one’s own experiences with them, and that is the case with me and lululemon...
ismagilov/iStock via Getty Images Chinese oat products maker YanGuFang (NASDAQ:YGF) raised $8M through a downsized US initial public offering on Tuesday. YanGuFang priced 2M shares at $4 per share. Underwriters were granted an option to buy up to 300K additional shares at the public price to cover over-allotments. EF Hutton is serving as sole bookrunner....
© Reuters. Carnival Corp (CCL) lifted at Susquehanna as volume and pricing tracks ‘solidly’ above 2019 By Sam Boughedda Susquehanna raised Carnival Corp. (NYSE:) to Positive from Neutral, raising its price target on the cruise line stock to $11 from $8 per share in a note to clients on Wednesday. Susquehanna analysts told investors that...
Volatility has been on full display for the last couple of weeks. Concerns about the global banking system, interest rates and mixed economic data are keeping investors on the edge of their seats. Daily fluctuations in the closely watched CBOE Market Volatility Index (VIX) have been unusually wide since the SVB Financial collapse. Earlier this...
jxfzsy Lifestyle branding firm MGO Global (NASDAQ:MGOL) saw its stock rally 30% Tuesday amid news that its senior management would ring the opening bell for Nasdaq next week. Shares of MGO, which held an initial public offering in January, opened at $1.04. The stock recently changed hands at $1.34 at approximately 11:15 a.m. ET. Earlier...
In this week’s edition of StockCharts TV‘s Halftime, Pete takes a look a sectors, then takes a deep dive into the historical bond picture, using TLT as an example. He focuses on using the Chaikin system to explore Bullish and Bearish estimate revisions as a cause of potential movement in stock prices. This video was originally broadcast...
Zolak Shares of Jin Medical International (NASDAQ:ZJYL) were trading slightly lower following the Chinese wheelchair maker’s $8M downsized US initial public offering. Jin Medical shares opened at their IPO price of $8, jumping to an early high of $10.29 before declining. The stock recently changed hands at $7.88 at 2:05 p.m. ET. Jin Medical offered...
After a 10% fall since early February this year, F5 Inc. stock (NASDAQ: FFIV) has some room for growth, in our view. F5 stock has declined from $157 in early February to $141 now. This marks an underperformance with the -5% return for the broader S&P500 index. Looking at a slightly longer term, FFIV stock...
marrio31 Chinese edtech NetClass Technology (NTCL) has filed to raise $17M through a US initial public offering. The Shanghai-based company said that it is looking to offer 3.8M shares priced between $4 and $5, which would raise around $17M if priced at the midpoint. Underwriters would be given a 45-day option to buy up to...